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Author profile

Carmen Reichman

Carmen Reichman

Carmen joined Professional Adviser in May 2013 following a brief stint on a private equity title. She specialises in regulation, and covers the networks and nationals patch.

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Articles by Carmen Reichman

Regulation

FCA implements 'fundamental rethink' of client money rules

The Financial Conduct Authority (FCA) has made a number of "extensive and detailed" changes to its client money rules which it hopes will improve the protection of client assets.

clock 10 June 2014 •

Regulation

Network: IFAs feel compliance departments are tying their hands

A growing number of IFAs are approaching network Best Practice saying they are being asked by other networks to adopt particular solutions when dealing with complex problems, technology director Keith Hare has said.

clock 10 June 2014 •

Regulation

Adviser accuses FCA of failing in its duty in dealings with Coutts

The Financial Conduct Authority (FCA) has come under fire from an adviser who believes it is failing in its duty to "expose wrong-doing and enforce 'best practice'".

clock 06 June 2014 •

Regulation

Adviser lifetime allowance worries spike in Q1 - James Hay

More advisers are worried about their clients incurring lifetime allowance (LTA) tax charges, according to retirement wealth platform James Hay Partnership, which saw queries around the upper contribution limit spike in the last quarter.

clock 06 June 2014 •

Regulation

APFA: Smallest advice firms' regulatory cost equals 20% of income

The smallest advice firms face the largest proportion of regulatory costs, with some paying up to 20% of their income, research commissioned by the Association of Professional Financial Advisers (APFA) has found.

clock 05 June 2014 •

Managed solutions

Post-RDR advisers want flexible DFMs - research

Advisers of the post-Retail Distribution Review (RDR) era need their discretionary fund managers (DFM) to be "highly flexible" in agreeing investment mandates, so they can meet clients' needs, research has concluded.

clock 05 June 2014 •

Your profession

Prudential invests £4.1m in apprenticeship scheme

Prudential has invested £4.1m in developing a four year apprenticeship programme aimed at helping young people get their foot on the financial services career ladder.

clock 04 June 2014 •

Investing in the profession

Wellian launches hybrid bespoke-model solution

Discretionary fund manager Wellian Investment Solutions has launched a 'hybrid' investment option which, it hopes, will attract a "growing niche" of investors that are not fully suited to bespoke options.

clock 04 June 2014 •

Regulation

FCA warns consumers on IFA clone

The Financial Conduct Authority (FCA) has warned of a scam operation pretending to be Devon-based advice firm Investment & Financial Solutions Partnership.

clock 04 June 2014 •

RDR

FCA unveils RDR charging template following failings

The Financial Conduct Authority (FCA) has published a guide to how it will measure advisers' disclosure efforts against its expectations, after it detected "unacceptable" shortcomings in its latest post-Retail Distribution Review (RDR) work.

clock 03 June 2014 •
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