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Regulation

Regulation

Financial advisers jailed for £145k Gift Aid fraud

A man and woman from Enfield who ran a financial advice firm have each been jailed for two years for fraudulently trying to claim almost £145,000 in Gift Aid.

clock 21 February 2013 • 1 min read

Regulation

Journey to the FCA: a long and winding road

REGULATION

clock 21 February 2013 •

Regulation

FSA defends role in LIBOR scandal

The Financial Services Authority (FSA) has defended its role in the LIBOR fixing scandal after being criticised by MPs.

clock 21 February 2013 •

TCF

Lloyds fined £4.3m for delayed PPI redress

The Financial Services Authority (FSA) has fined three Lloyds Banking Group (LBG) firms a total of £4.3m for failings that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.

clock 19 February 2013 •

Regulation

IMA: fund managers left on the hook over FSCS funding

The Investment Management Association (IMA) has called on the Financial Services Authority (FSA) to increase the amount insurers and banks contribute to the Financial Services Compensation Scheme (FSCS) after warning fund managers faced cross-subsidies...

clock 18 February 2013 •

Regulation

FSA reveals 11.5% drop in adviser numbers since 2011

The Financial Services Authority (FSA) has revealed that the number of advisers practising in the summer of last year was down 11.5% on the previous year, a fall of more than one in ten.

clock 14 February 2013 • 1 min read

Regulation

FSA wins legal battle against illegal land banking scheme

The High Court has ruled two men and their two firms, Asset Land Investments and Asset L.I., ran a £15m illegal land bank by operating a collective investment scheme without Financial Services Authority (FSA) authorisation.

clock 11 February 2013 •

TCF

Phil Billingham: a brave new world phoenixing from the old

Phil Billingham, director of the Phil Billingham Partnership and operations director of Perceptive Planning, delves into the past to see how we can create a brave new world from its ashes.

clock 11 February 2013 •

Regulation

Panacea: action must be taken on the FSCS levy

Panacea Adviser, a free online community for adviser firms, is calling for immediate action to overhaul the way in which the Financial Services Compensation Scheme (FSCS) is funded following yesterday's announcement of a £76m levy on investment intermediaries....

clock 07 February 2013 •

Regulation

UK must move away from 'Soviet Union-style' regulation

The UK has spent too long developing layers of ineffective and frustrating regulation in its financial services sector, according to economist John Kay.

clock 07 February 2013 •
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