The Financial Conduct Authority (FCA) is reluctant to provide further guidance on key advisory issues on which it has already offered direction, suggesting it would not be helpful.
Only a third of advisers are currently qualified to provide long term care advice despite growing interest from advisers in the area, the Association of Professional Financial Advisers (APFA) has found.
Too many regulatory requirements around what charges need to be disclosed on investment and savings products make it difficult for advisers to assess and compare the cost of products, Financial Conduct Authority (FCA) technical specialist Rory Percival...
The regulator must be more explicit in explaining what it wants and expects from advisers, or it will fail to achieve its aims, the chairman of the Association of Professional Financial Advisers (APFA) has said.
Financial Conduct Authority (FCA) chairman John Griffith-Jones has said he is glad the Retail Distribution Review (RDR) did not take longer than expected, and claimed it achieved its objectives despite failing to properly distinguish between guidance...
The Financial Service Compensation Scheme (FSCS) is in the process of setting up an in-house legal panel from which it plans to buy legal services work for up to £50m, tender documents have revealed.
The Financial Services Compensation Scheme (FSCS) expects to pay out £60m in claims against failed ARM bonds distributor Catalyst Investment Group this year.
The government expects some people to "make the wrong choices" and receive a worse outcome than under the existing system when changes designed to give retirees the power to do as they wish with their savings are rolled out in the spring, pensions minister...
Financial Conduct Authority (FCA) technical specialist Rory Percival has denied there are "significant" differences in what the regulator thinks is adequate due diligence undertaken by firms and how the ombudsman finds in dispute cases.
The Financial Conduct Authority's (FCA) thematic review into due diligence practices will focus on advisers' role in the process, not that of platforms, technical specialist Rory Percival has said.