Focus on price and value ‘challenging’ as firms have used opaque fees – FCA
Financial services firms have found focusing on price and value “challenging” during the first year of the Consumer Duty, according ...
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Tag: Sheldon Mills
One in three advice firms reviewing fees post-Consumer Duty – Mills
More than a third (37%) of advice firms have reviewed or changed their fees structure since the Consumer Duty was ...
Read moreFCA not looking to ban either commission or brokers – Mills
The Financial Conduct Authority (FCA) can take many forms of action against brokers that do not charge fair commissions - ...
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FCA’s Mills highlights personal experience in need for diversity data collection
Collecting data beyond visible characteristics of race or gender fosters feelings of acceptance among diverse communities, according to the Financial ...
Read moreFCA concerned personalisation of insurance will exclude people from risk pooling
The Financial Conduct Authority (FCA) has admitted it is concerned about the possibility of people being excluded from insurance as ...
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‘We will improve’ on fraud but competition aims will not affect enforcement – FCA
The Financial Conduct Authority (FCA) has pledged that being given a competitiveness objective will not weaken its oversight of the ...
Read moreFCA’s Mills ‘cautious’ about using fines to fund FSCS levy
Financial Conduct Authority (FCA) executive director for consumers and competition Sheldon Mills says he is “cautious” about using funds gathered ...
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