Regulation

        'Social media charter' for financial services firms launches

        Professional Adviser | 27 Aug 2014 | 12:47

        A 'charter' for financial services firms using social media has launched weeks after the regulator published guidelines on how to communicate compliantly on platforms such as Facebook and Twitter.

        Social Media Sharing
        Money Advice Service

        All advisers could be included on Money Advice Service directory

        All regulated financial advisers could be included on a new directory being set up by the Money Advice Service (MAS) after the industry and consumers gave the green light to the project.

        Professional Adviser | 27 Aug 2014 | 12:12
        two businesspeople shaking hands

        Network spends £700k settling Keydata and Arch claims

        The Whitechurch Network spent more than £704,000 in 2013 settling claims related to advice given by its appointed representatives on Keydata and Arch Cru.

        Professional Adviser | 27 Aug 2014 | 07:34

    Other Regulation articles

      Scotland and UK flags

      Scottish independence: Firms question "Yes" vote business case

      More than 130 businesses have signed a letter saying the business case for Scottish independence "has not been made".

      Professional Adviser | 27 Aug 2014 | 07:30
      fca-logo

      FCA pledges overhaul of attestation proceedures

      The Financial Conduct Authority (FCA) has pledged it will overhaul the way it issues attestations to firms - which put the onus on senior management to fix problems - by placing greater importance on clarity and transparency.

      Professional Adviser | 26 Aug 2014 | 12:31
      Scotland and UK flags

      Novia's Vasilieff: Scottish independence would be a disaster

      Scotland voting yes to independence from the rest of the UK would be a "disaster" Novia chief executive - and Scot - Bill Vasilieff has said, less than a month before the referendum.

      Professional Adviser | 26 Aug 2014 | 07:53
      fca-building

      Almost all FCA fines via settlement deals - research

      Some 97% of the £943m in fines collected by the financial regulator between 2010 and 2013 came from settlements, according to research from law firm Freshfields.

      Professional Adviser | 26 Aug 2014 | 07:52
      keith-richards-tenet

      PFS reports post-RDR membership surge

      Membership of the Personal Finance Society (PFS) has reached more than 35,000, with more than 1,000 people joining in the past year.

      Professional Adviser | 26 Aug 2014 | 07:33
      tenet-group-wht-strap

      Tenet gains consumer credit authorisation

      Network Tenet has been authorised by the Financial Conduct Authority (FCA) to provide a full range of consumer credit services.

      Professional Adviser | 22 Aug 2014 | 11:27
      fca

      FCA to meet with TISA as trade body sends re-reg reminder

      The regulator is set to meet members of the Tax Incentivised Savings Association (TISA) to discuss re-registration rules, with the trade body reiterating to platforms best practice guidelines when dealing with super clean share classes after issues arose recently.

      Professional Adviser | 22 Aug 2014 | 10:53
      telephone898

      FOS backs adviser after listening to client recording

      The Financial Ombudsman Service (FOS) has ruled a financial adviser did not pressurise an investor to buy 600 company shares after listening to recordings of their conversations.

      Professional Adviser | 22 Aug 2014 | 08:19
      fca

      FCA calls for examples of retrospective regulation

      The Financial Conduct Authority (FCA) is seeking examples of occasions the industry suspects it may have applied its rules after the fact with the benefit of hindsight.

      Professional Adviser | 21 Aug 2014 | 14:14
      profits

      Raymond James cements return to profit

      Advisory and wrap business Raymond James Investment Services has consolidated its return to profit, generating almost £235,000 in 2013.

      Professional Adviser | 21 Aug 2014 | 10:13
      trashing-tcf

      Consumer Panel chair launches scathing attack on firms' TCF duty

      The chair of the Financial Services Consumer Panel (FSCP) has offered harsh criticism of firms' efforts to improve how they deal with clients, saying she doesn't believe most have embraced the idea of treating customers fairly.

      Professional Adviser | 20 Aug 2014 | 13:24
      aegon-logo

      Aegon distances itself from executive's 'view' on advisers

      Product provider Aegon has distanced itself from a view attributed to its head of marketing that advisers have been "disintermediated" and that its future lies in direct relationships with consumers.

      Professional Adviser | 19 Aug 2014 | 09:56
      sterling-coin-note

      HSBC advisers took 15% commission for SIPP set ups

      The scale of commissions taken by HSBC bank advisers for one-off pension transfer work has been revealed in a judgement delivered by the Financial Ombudsman Service (FOS).

      Professional Adviser | 19 Aug 2014 | 07:56
      bradbury-sheriar-2

      Sheriar Bradbury: Why aren't IFAs heard?

      The advice profession needs a strong, unified voice in order to get a 'seat at the top table' of financial services, writes adviser Sheriar Bradbury...

      Professional Adviser | 15 Aug 2014 | 11:25
      Samsung's Galaxy S4 Times Square billboard

      Ex-FSA lawyer warns of regulator's 'unachievable' product promotion rules

      A lawyer who spent six years in the financial regulator's enforcement team has expressed doubts over his former employer's product promotions rules.

      Professional Adviser | 15 Aug 2014 | 08:27
      derek-bradley-2

      You can’t put the (social media) genie back in the bottle

      The FCA’s attempts to regulate social media and financial services are mildly confusing and more than a little impractical, writes Derek Bradley

      Professional Adviser | 14 Aug 2014 | 14:39
      FSCS

      Keydata claims another adviser as 28 firms declared in default

      Another Keydata adviser has been declared in default by the Financial Services Compensation scheme (FSCS), as it published a new list of 28 advice firms unable to meet claims against them.

      Professional Adviser | 14 Aug 2014 | 12:09

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