Up next from FCA: FCA's latest policy development update highlights, for the next quarter policy statements on:

  • fees and levies;
  • whistleblowing;
  • outstanding issues on the senior manager regime in both May and July; 
  • consumer buy to let mortgages;
  • complaints handling;
  • consumer credit further amendments;
  • guaranteed asset protection competition issues; and 
  • client money rules for insurance intermediaries (before the end of the quarter).

FCA has not yet given a publication date for feedback on its consultations on approved persons and accountability in the banking and insurance sectors. (Source: Policy Development Update No 21)

FCA includes pensions conversion advice within FOS: FCA has made a change to the Dispute Resolution module of its Handbook to bring complaints arising from the new regulated activity of advising on pensions conversion and transfer within the scope of FOS' compulsory jurisdiction from 6 April. (Source: FCA Includes Pensions Conversion Advice Within FOS