Being better informed: April 2024

March brought a number of significant updates from regulators, including the FCA’s 2024/25 Business Plan, detailing its priorities and plans for the year ahead. The FCA also issued a Dear CEO letter to financial advice firms on retirement income advice, and a letter to mainstream consumer credit lenders, high-cost lenders and credit unions, setting out its supervisory priorities for the next two years. Elsewhere, the PRA confirmed its requirements for solvent exit planning for non-systemic banks and building societies. 

Download this edition of Being better informed to read more on these developments and for a comprehensive summary of all the regulatory updates from the past month.