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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

Regulatory reform costs doubled in swansong year of FSA

Regulatory reform costs of the former regulator, the Financial Services Authority (FSA) more than doubled in the last year of its operation and could in future be levied on firms, the FSA annual report has revealed today.

clock 10 July 2013 •

Your profession

Martin Wheatley on £650k pay package

Financial Conduct Authority chief executive Martin Wheatley received a remuneration package of £650,000 last year, it has been revealed.

clock 10 July 2013 •

Your profession

ABI: 'Regulator wants to be seen to be taking action' against insurance industry

The Financial Conduct Authority (FCA) wants to be seen to be acting tough on risky products following the crash of the financial services industry, leaving insurers with the acute need to regain public trust, the Association of British Insurers (ABI)...

clock 10 July 2013 •

Investing in the profession

Aegon calls for revolution in adviser-marketed products

Insurance products that are marketed and sold through advisers need to undergo radical reform to ensure providers stay competitive in a post commission world, the CEO Aegon has warned.

clock 10 July 2013 •

Regulation

Wheatley 100 days in: FCA 'very different animal' to FSA

The Financial Conduct Authority (FCA) is going in the right direction to becoming a "genuinely different" regulator and will put greater emphasis on competition, its chief executive Martin Wheatley has said.

clock 09 July 2013 •

Regulation

Arch Cru: Capita redress estimates plummet further

Investors in the collapsed Arch Cru fund range who sign up to a payment scheme set up by the funds' authorised corporate director, Capita Financial Managers, are in line to receive markedly less than forecast.

clock 08 July 2013 •

Your profession

APFA: FCA must make running advisory firms easier

The Association of Professional Financial Advisers (APFA) has warned the regulator that consumers will be disadvantaged if the trend of shrinking adviser numbers is not reversed.

clock 08 July 2013 •

Regulation

Warning notices: APFA wants equal weighting given to clearing advisers' names

The Association of Professional Financial Advisers (APFA) has said it fears innocent advisers would be disadvantaged and their names not cleared sufficiently under new proposals by the Financial Conduct Authority (FCA) about publishing warning notices....

clock 05 July 2013 •

Investment

Galloway's Arch Cru EDM collects 25 signatures

Respect MP George Galloway's early day motion (EDM) to fight for full compensation for Arch Cru investors has gained 25 signatures so far.

clock 05 July 2013 •

Investment

FCA to include non-retail products in complaints reporting

Advice from retail investment advisers on shares, derivatives and other investment products that are not classed as retail should be included in the regular complaints reports the Financial Conduct Authority (FCA) receives from firms, the FCA has said....

clock 05 July 2013 •
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