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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

Financial Reporting Council probes ex-Bradford & Bingley finance director

The Financial Reporting Council (FRC) has launched an investigation into the conduct of former Bradford & Bingley group finance director Chris Willford.

clock 21 January 2014 •

Regulation

Chelsea Financial Services latest target of boiler room scam

Scammers have cloned advice firm Chelsea Financial Services and are operating under the name Chelsea Financial, the Financial Conduct Authority (FCA) has warned.

clock 21 January 2014 •

Regulation

APFA prepares to quiz FOS over 'inconsistent' rulings

The Association of Professional Financial Advisers (APFA) is preparing to challenge the Financial Ombudsman Service (FOS) this week over what it considers inconsistent case verdicts on advisers.

clock 21 January 2014 •

Regulation

Advisers to pick up £15m FSCS management bill

Investment advisers may contribute almost £15m towards the day-to-day running of the Financial Services Compensation Scheme (FSCS) in 2014-2015.

clock 20 January 2014 •

Regulation

FCA warns of Canary Wharf scammer using Hargreaves' name

The Financial Conduct Authority (FCA) has warned a scammer is operating practically on its doorstep under the name Brookes and Hargreaves.

clock 20 January 2014 •

Regulation

FCA appoints Promontory and Mazars to review RBS failures

The Financial Conduct Authority (FCA) has appointed consultancy Promontory Financial Group and accountancy firm Mazars to lead its skilled persons (s166) review into the failures around the Royal Bank of Scotland's (RBS) lending practices to small firms....

clock 17 January 2014 •

RDR

Banks will 're-enter advice market' using simplified models - Standard Life

Banks will re-enter the advice space once the regulator has given a clear steer on simplified advice, Standard Life head of business solutions Innes Miller has suggested.

clock 17 January 2014 •

Regulation

FCA on inducements: Good and bad practice by sector

The Financial Conduct Authority (FCA) has outlined a number of good and bad practices around inducements in its final guidance.

clock 16 January 2014 •

Your profession

Advisers warn fund managers KIIDs still full of jargon

Key Investor Information Documents (KIID) are still heaving with jargon, despite being required to use language that is "clear, succinct and comprehensible", a survey among advisers suggests.

clock 16 January 2014 •

Regulation

Inducements under the FCA microscope: the good and the bad

The Financial Conduct Authority (FCA) has today laid out its final rules around adviser-provider inducements. Here IFAonline breaks down the paper into what the regulator deems acceptable - and what it definitely does not.

clock 16 January 2014 •
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