Regulation

        FCA freezes accounts of three debt management firms

        Professional Adviser | 18 Sep 2014 | 10:39

        The Financial Conduct Authority (FCA) has frozen the bank accounts of three debt management firms to protect customers' money.

        fca
        alan-lakey

        'A set of geriatric gums': Ex-APFA council member Alan Lakey on 15 years of struggle

        After years shouting from the sidelines, industry veteran Alan Lakey tried to shake up the Association of Professional Financial Advisers (APFA) from the inside. On the body's 15 year anniversary, he details his struggle...

        Professional Adviser | 18 Sep 2014 | 10:34
        neil liversidge

        'Wise up': APFA council member Neil Liversidge on why APFA matters

        Unpopular APFA may be, but uninfluential it is not, writes Neil Liversidge...

        Professional Adviser | 18 Sep 2014 | 10:32

    Other Regulation articles

      chris-hannant

      Chris Hannant comes out fighting: ‘APFA is punching above its weight’

      As APFA turns 15 director general Chris Hannant talks to Jenna Towler about the body’s long-stop fight, its success-to-resource ratio and the need for advisers to speak with ‘one voice’

      Professional Adviser | 18 Sep 2014 | 10:26
      prestage-rebecca-tcc

      Three's a charm: Why firms are failing on financial promotions

      Rebecca Prestage takes a look at the key points to come from the regulator's most significant announcements on the topic and offers her tips on how to ensure the rules are adhered to...

      Professional Adviser | 17 Sep 2014 | 09:12
      change-architect-sign1

      Worst ravages of RDR over as advisers in 'survival mode' halve

      Advisers have overcome the biggest hurdles they were confronted with as a result of the Retail Distribution Review (RDR), according to a poll, with the number reporting they are still in "survival mode" having halved.

      Professional Adviser | 17 Sep 2014 | 08:01
      fca

      APFA challenges ‘inefficient’ FCA to cut annual budget up to 2% a year

      The Financial Conduct Authority (FCA) should freeze or reduce its annual budget in a self-imposed efficiency drive to cut regulation costs, Chris Hannant has said.

      Professional Adviser | 16 Sep 2014 | 14:06
      Royal Bank of Scotland

      RBS faces class action over ‘abuse' of small businesses

      Hundreds of business owners affected by Royal Bank of Scotland's "turnaround" division for struggling companies are planning to sue the bank through a group legal action.

      Professional Adviser | 16 Sep 2014 | 07:49
      paul-resnik

      A suitable portfolio is...

      So, what does a suitable portfolio recommendation look like? Paul Resnik explains...

      Professional Adviser | 15 Sep 2014 | 11:00
      paul-resnik

      The five steps to 'common sense' suitable advice

      There's a difference between what the regulator expects when advisers assess suitability for a client, and what common sense demands, writes Paul Resnik...

      Professional Adviser | 15 Sep 2014 | 09:47
      chris-hannant

      APFA in crunch FCA meeting as long-stop fight continues

      The Association of Professional Financial Advisers (APFA) met with the Financial Conduct Authority today (FCA) as it continues to push the regulator over an adviser long-stop.

      Professional Adviser | 15 Sep 2014 | 08:05
      derek-bradley-2

      We will survive trail switch-off, declare 'stoic' advisers

      The vast majority of advisers have faith they will adapt successfully to a world without trail commission, but one in ten say it could mean they cease trading, according to a survey.

      Professional Adviser | 12 Sep 2014 | 13:17
      David Thomson

      Regulation round-up: Enhanced supervision, Pension Schemes Bill and protection of client money

      In his latest monthly instalment, David Thomson provides an update on the key regulatory events of the past few weeks...

      Professional Adviser | 12 Sep 2014 | 11:41
      adrian-grace

      Aegon reveals plans if Scots vote for independence

      Aegon would establish a new registered life company in England should Scots vote for independence on 18 September.

      Professional Adviser | 11 Sep 2014 | 16:24
      adviser5

      FSCP: RDR side-steppers obstructing trust campaign

      Evidence of advisory firms and providers avoiding their obligations following the Retail Distribution Review (RDR) is harming the ongoing campaign to rebuild public trust in financial services, according to the Financial Services Consumer Panel (FSCP).

      Professional Adviser | 11 Sep 2014 | 11:43
      Jean-Claude Juncker

      UK handed surprise boost as Brit gets top EU financial services role

      The UK financial services industry’s hand in European Union negotiations has been strengthened by the surprise appointment of a Conservative peer to the key role of European Union (EU) commissioner for financial services.

      Professional Adviser | 10 Sep 2014 | 11:43
      wheatley-martin2

      FCA chief Wheatley backs innovators to close advice gap

      The chief executive of the Financial Conduct Authority (FCA) has said the market will innovate to close any advice gaps created from changes brought in following the Retail Distribution Review (RDR).

      Professional Adviser | 10 Sep 2014 | 08:04
      coins-rising-costs

      IMA: Scottish groups running 11% of fund industry assets

      The Investment Management Association (IMA) has highlighted the scale of regulatory change that may be required if Scotland votes for independence, after revealing 11% of total fund industry assets are run by Scottish-based groups.

      Professional Adviser | 10 Sep 2014 | 08:00
      Martin Wheatley

      Martin Wheatley backs 'competent' MAS

      Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), said he has confidence the Money Advice Service (MAS) is a "competent organisation", though said it faces a huge operational challenge to deliver the free financial guidance promised to retirees in the Budget.

      Professional Adviser | 09 Sep 2014 | 11:26
      fscs-1

      FSCS launches celeb-heavy £3.3m awareness campaign

      The Financial Services Compensation Scheme (FSCS) has launched a new consumer awareness campaign, starring five celebrities, which it hopes will increase awareness of the scheme to 70% of savers.

      Professional Adviser | 08 Sep 2014 | 11:45

Markets

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