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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

RDR

FCA tightens net on adviser inducements in final guidance

Advisers and providers share the burden of responsibility for managing potential conflicts of interest, the Financial Conduct Authority (FCA) has said in a guidance paper out today.

clock 16 January 2014 •

RDR

Clear as mud: Independent vs restricted confusion persists

INDEPENDENT?

clock 16 January 2014 •

Technology

OFT to finalise decision on IRESS/Avelo merger next month

The Office of Fair Trading (OFT) is expected to reach its conclusion on whether the merger of Australian data and software provider IRESS with technology provider Avelo would hinder competition in the market in February.

clock 16 January 2014 •

Regulation

FCA spends £77k on external consultancies

Outside analysts have cost the Financial Conduct Authority (FCA) £76,885 since June, for work done predominantly on consumer credit.

clock 15 January 2014 •

Regulation

FCA arrests three in fresh boiler room investigation

The Financial Conduct Authority (FCA) and City of London Police have arrested three people in connection with a fresh boiler room investigation.

clock 15 January 2014 •

Regulation

FCA hires ex-ABI director Maggie Craig

The Financial Conduct Authority (FCA) has hired Maggie Craig, a former director of the Association of British Insurers (ABI), as an adviser on policy issues.

clock 15 January 2014 •

RDR

Wheatley regrets six-year RDR timespan

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has said the regulator regrets the time it took between the conception of a Retail Distribution Review (RDR) in 2006 and the roll-out of new rules more than six years later....

clock 15 January 2014 •

RDR

Advisers have benefited from RDR - Wheatley

Advisers have generally benefited from the Retail Distribution Review (RDR) as their revenues have increased and they are more professional and better qualified, Financial Conduct Authority (FCA) chief executive Martin Wheatley has said.

clock 14 January 2014 •

Regulation

FCA 'still struggling' to gauge true effects of advice gap

The Financial Conduct Authority (FCA) is finding it difficult to measure the true effects of the ‘advice gap' but will make it a priority over the coming year, according to chief executive Martin Wheatley.

clock 14 January 2014 •

RDR

No reimbursement for 'overpaid' fees - Wheatley

The Financial Conduct Authority (FCA) will not reimburse advisers for previously 'overpaid' fees if the proposal to cut regulatory costs from next year comes into force, chief executive Martin Wheatley has said.

clock 14 January 2014 •
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