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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

Advisers welcome FCA clampdown on rogue firms

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.

clock 04 December 2013 •

Regulation

FSCS to start claims process for Catalyst/ARM in early 2014

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.

clock 03 December 2013 •

Regulation

FCA removes IFA's permissions for not having qualified advisers

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...

clock 03 December 2013 •

Regulation

Five ways MPs say the Money Advice Service lost track

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.

clock 03 December 2013 •

Regulation

MPs: Money Advice Service 'not fit for purpose'

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.

clock 03 December 2013 •

Regulation

In the shadows: Are unregulated 'advisers' making easy prey of consumers post-RDR?

UNREGULATED

clock 02 December 2013 •

Regulation

Gummer: We need to stop bad advisers popping up elsewhere

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.

clock 28 November 2013 •

Regulation

FCA further delays SIPP capital adequacy proposals

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...

clock 28 November 2013 •

RDR

Tyrie in 'stability of the graveyard' warning to FCA

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".

clock 28 November 2013 •

RDR

Zurich pushes sales staff to be QCF Level 4 qualified

Insurer Zurich is training its sales staff to obtain the same minimum qualification level as that required of the advisers they speak to.

clock 27 November 2013 •
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