Advisers have welcomed the Financial Conduct Authority's (FCA) first crack-down on an advisory firm which had permissions to advise but no actual qualified advisers, although they say the regulator should have acted sooner.
The Financial Services Compensation Scheme (FSCS) said it is finalising the claims process for ARM investors with claims against Catalyst Investment Group, and hopes to start inviting claims in early 2014.
The Financial Conduct Authority (FCA) has removed an IFA's permissions for not having any qualified retail investment advisers working for the firm, the first action of its kind the regulator has taken since the introduction of the Retail Distribution...
A Treasury sub-committee, led by Labour MP George Mudie, has today called for an urgent independent review into the Money Advice Service (MAS), after it found "serious problems" in how the body operated.
MPs have called for an urgent independent review into the Money Advice Service (MAS) after a damning report criticised its role and reach, and questioned the salaries it pays its top executives.
The Financial Conduct Authority (FCA) needs to ensure people who have been shut out of the advice space can't return and "make a monkey" out of the system, the Association of Professional Financial Advisers (APFA) chairman has said.
The Financial Conduct Authority (FCA) has further delayed the publication of its proposals for new capital adequacy requirements for self-invested personal pension (SIPP) providers, saying it wanted to factor in the findings of its current thematic review...
Treasury Select Committee (TSC) chairman Andrew Tyrie has called on the industry to help parliament hold the financial services regulator to account to avoid "excessive regulation" that could "create the stability of the graveyard".
Insurer Zurich is training its sales staff to obtain the same minimum qualification level as that required of the advisers they speak to.