In today’s competitive job market, the role of employee benefits consultants is pivotal in enhancing organizational effectiveness and fostering a supportive work environment. These consultants provide invaluable services that optimize benefit programs, ensuring they align with both employee needs and …
Registering a society in the UK involves a series of legal steps governed by regulations set forth by the Financial Conduct Authority (FCA). Whether you aim to establish a co-operative society or a community benefit society, understanding and following …
HMRC (Her Majesty’s Revenue and Customs) has a distinctive approach to handling fractional shares, particularly concerning their eligibility for Individual Savings Accounts (ISAs). The treatment of fractional shares under current regulations and the evolving stance from HMRC and …
An FCA-approved person is an individual authorized by the Financial Conduct Authority (FCA) to carry out specific controlled functions within a firm that operates in the UK financial sector. To obtain this status, the individual must meet stringent requirements …
Registering a society in the UK is a structured process overseen by the Financial Conduct Authority (FCA). Whether you aim to form a co-operative society or a community benefit society (BenCom), the procedure requires compliance with specific legal …
The Consumer Duty introduced by the Financial Conduct Authority (FCA) is a pivotal framework designed to ensure that financial firms deliver positive outcomes for retail customers. This new duty sets a higher standard for financial services, emphasizing proactive actions that …
Payment Protection Insurance (PPI) scams in the UK have undergone significant changes since their inception in the early 2000s. Initially focused on issues related to PPI mis-selling, these scams have evolved into more complex schemes, reflecting shifts in regulatory landscapes …
In the realm of financial investments, the Financial Services Compensation Scheme (FSCS) is widely recognized for its role in safeguarding consumers against the failure of financial institutions. However, when it comes to cryptocurrencies and other crypto assets, the FSCS’s …
The Financial Services Compensation Scheme (FSCS) plays a crucial role in providing protection for consumers in the UK by covering certain types of regulated financial products and services. However, when it comes to cryptocurrency investments, the FSCS does not …
The implementation of the Consumer Duty outcomes represents a transformative shift in how businesses interact with their customers. Compliance with these outcomes requires a thorough integration of the principles into every aspect of a company’s operations. This article explores how …
The Consumer Duty framework established by the Financial Conduct Authority (FCA) represents a significant shift in the regulation of financial services. This framework is designed to ensure that firms provide a high standard of care and service to their customers. …
The Financial Conduct Authority (FCA) has established a set of cross-cutting rules under its Consumer Duty framework. These rules are pivotal in enhancing consumer protection within the financial services sector. They are designed to ensure that firms operate in a …