Financial Conduct Authority
The latest news, updates and opinions on Financial Conduct Authority from the expert team here at MoneyWeek
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How to avoid pension fraud
Pension fraud remains rampant, with around £48,000 lost every day in 2024. Here are the main ploys to look out for.
By Daniel Hilton Last updated
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Consumer Duty: how the rules are changing financial services - and what they mean for you
Consumer Duty rules came into force almost a year ago, aiming to put customers’ needs first - but have they made a difference?
By Ruth Emery Last updated
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Crypto scams – what to look out for
Fraudsters are using cryptocurrency scams to lure investors desperate for high returns - here is how to spot and avoid them
By Vaishali Varu Last updated
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Investment platforms rapped over low interest offered on cash holdings
Financial Conduct Authority (FCA) threatens action against investment platforms paying poor rates on cash balances
By John Fitzsimons Published
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Santander launches best easy access savings rate in 14 years
Santander launches market leading easy access savings rate, but you’ll have to act fast if you want to take advantage - we have all the details
By Vaishali Varu Last updated
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Lloyds, Santander and HSBC hike savings rates
Banks and building societies have been raising their savings rates as the base rate continues to rise. Our round-up of all the savings rates hikes.
By Vaishali Varu Last updated
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Bank of Baroda closes doors to UK retail banking
After almost 70 years of operating in the UK, one of India’s largest bank is shutting up shop in the UK retail banking market. We explain everything you need to know if you have savings or a current account with Bank of Baroda
By Vaishali Varu Published
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The rise and fall of finfluencers as FCA clamps down on poor advice
FCA clamps down on ‘finfluencers’ - but will it protect consumers from ‘bad advice’? Kalpana Fitzpatrick looks at the rise and fall of finfluencers
By Kalpana Fitzpatrick Published
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£250bn sitting in low interest rate savings accounts
Advice Data from the Bank of England showed billions of pounds are sitting on accounts earning no interest as the biggest lenders fail to pass rates on to consumers. Better rates may not stick around for long, so this is why you need to act fast.
By Nicole García Mérida Last updated
Advice