The chief executive of the Financial Services Compensation Scheme (FSCS) Mark Neale has defended his organisation's multi-million pound spend on marketing, saying it will help protect the industry from detrimental consumer behaviour.
The passing of the revised Markets in Financial Instruments Directive (MiFID II) into law has made it compulsory for UK investment firms to disclose the total cost of their investments to their clients.
Ex-Tenet director Geoffrey Clarkson and broker Marsh UK are in talks about putting together a solution that would free advisers from their life long consumer complaint liabilities.
Industry players have called for better solutions from fund managers to help advisers focus their clients' attention on meeting their long-term saving goals, even in the face of life-changing events.
Do advisers think VCTs are a suitable option for their clients?
The executive board of the Financial Conduct Authority (FCA) is concerned about the rate at which its staff leave the organisation, and is also considering an independent review into its decision making processes, minutes of its latest meeting have revealed....
How will mass-market advice be delivered in 25 years?
The reduced lifetime allowance for pension contributions will take ordinary savers by surprise, research by self-invested personal pension (SIPP) provider Liberty SIPP has predicted.
The Association of Professional Financial Advisers (APFA) has asked for the Money Advice Service (MAS) to evaluate its effectiveness in changing consumer behaviour and to publish its findings within one year.
At least one of the two 'alternative' investment schemes declared unlawful by the High Court in a case filed by the Financial Conduct Authority (FCA), has been cleared to appeal the decision.