FCA update: Redress liabilities – “polluter pays”
FCA announced back in October 2024 that it would publish “polluter pays” proposals by end of the year. Fast forward to 2025 and there is no sign of this updated…
FCA announced back in October 2024 that it would publish “polluter pays” proposals by end of the year. Fast forward to 2025 and there is no sign of this updated…
The Financial Conduct Authority (“FCA”) have launched a consultation that would require Personal Investment Firms (“PIFs”) to quantify and set aside capital resources for “potential redress liabilities” connected to designated…
The two main ways in which redress can be provided are augmentation or by cash payment – another way is by purchase of an annuity but that option is not…