UK pensions case shows judges aren’t scared to push back on FCA enforcement bite
By Martin Coyle ( August 5, 2026, 16:19 GMT | Comment) -- The upholding of industry bans on two “dishonest” pension advisers was welcomed by the UK’s financial regulator on Tuesday, but the Financial Conduct Authority has once again seen its bite softened by judges. The case follows other pushbacks by the Upper Tribunal, which has shown it isn't afraid to intervene if it thinks the FCA has gone too far.The upholding of industry bans on two “dishonest” pension advisers was welcomed by the UK’s financial regulator on Tuesday, but the Financial Conduct Authority has once again seen its bite softened by judges. The case follows other pushbacks by the Upper Tribunal, which has shown it isn't afraid to intervene if it thinks the regulator has gone too far....
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