Guidance guarantee providers will be liable for redress in the event of a consumer complaint about Pension Wise, the Financial Conduct Authority (FCA) has said.
Advisers often bemoan the regulator for failing to tell them what it wants. But in the first half-year its technical specialist and all-round public face of the FCA, Rory Percival, has tackled at least six key issues. Do you really want to hear from him more than once a month?
The Association of Professional Financial Advisers (APFA) has written to the Chancellor to ask for a cut in financial services regulation in his upcoming emergency Budget.
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Consumers make financial decisions based on their understanding of the information provided by their adviser. But there are a number of ways people are biased which influence the way they perceive that information.
Completing an FCA-friendly suitability report is an important task, and actually a pretty straightforward one if you follow these guidelines...
Functionality and cost remain the only real drivers behind advisers wanting to switch platforms in an otherwise increasingly ‘sticky’ market, a survey has found.
The Financial Conduct Authority (FCA) has taken inspiration from an unusual source as it seeks to help advice firms communicate their services and charges clearly - a window sticker that has appeared on all new cars sold in the US since 2008.
The Financial Conduct Authority (FCA) has defended the methods it uses to calculate advisers' contribution to its annual costs as fair and proportionate, as it confirmed a 10% hike for firms for 2015-2016.
The Association of Professional Financial Advisers (APFA) has set out its lobbying priorities for the next parliamentary year in an open letter to advisers, calling for help for a profession it said is struggling with the burden of regulation and regulatory fees.
Pensions freedom has brought a sea change to retirement planning and regulation. Aileen Lynch assesses the latest freedom and choice-related tweaks to the FOS complaints sourcebook
A man who enticed dozens of investors to inject millions into a trader's fraudulent scheme has had an appeal against his two-year prison sentence dismissed by the Court of Appeal.
The industry has welcomed the government’s proposal to allow consumers to sell on their existing annuities but has clashed over whether advice should be mandatory for those wanting to sell.
Financial Conduct Authority (FCA) technical specialist Rory Percival challenged advisers to provide evidence of inconsistency between how the regulator and Financial Ombudsman Service (FOS) judge complaints. Adviser Nick Bamford has accepted...
Financial Conduct Authority (FCA) technical specialist Rory Percival has re-issued a call to financial advisers to offer up evidence of discrepancies between how the regulator and ombudsman view liability - and said he had even taken to looking at adjudications himself to locate some.
The Financial Conduct Authority (FCA) has highlighted shortcomings in the way some advisers have handled 'insistent' clients in the past, as examples of what today's advisers should steer clear of.
There were more than 750 reported cases of pension liberation fraud last year, an increase on the previous 12 months, according to the latest figures.
Financial advisers are renewing calls for the Financial Conduct Authority (FCA) to make better use of the 'exceptionally severe' fines it levies on the industry, including by using them to cut regulatory costs.
Most advisers are confident their business will be prepared for the upcoming switch-off of fund-based trail commission, according to a poll which contradicts other research conducted on firms' readiness.
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