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Regulation

Regulation

FSCS consults on risk-weighted adviser levy

The Financial Services Compensation Scheme (FSCS) is considering how it can introduce 'risk' as a metric upon which to base the calculation of its levy on firms.

clock 04 June 2015 •

Regulation

PFS joins calls for policy levy to combat 'unsustainable' adviser fees

Professional adviser body the Personal Finance Society (PFS) has called for the introduction of a product levy to help reduce the regulatory cost for advisers.

clock 03 June 2015 •

Regulation

The never-ending story: Is the Keydata scandal coming to a close?

Is the Keydata scandal coming to a close?

clock 02 June 2015 •

Regulation

Eight men convicted after FCA brings investment fraud case

Eight men have been convicted for their roles running an unauthorised investment scheme which lost 110 investors more than £4.3m.

clock 01 June 2015 •

Regulation

Advisers renew calls for product levy to ease FSCS pain

The financial regulator may have raised hopes of lower FSCS levies under its latest capital adequacy proposals, but advisers say there is a simpler way...

clock 29 May 2015 •

Regulation

FCA calls on advisers to stockpile up to 10% of earnings in case of complaints

The Financial Conduct Authority (FCA) could up the amount of easily accessible cash advisers have to hold to 10% of their yearly investment advice earnings, in a bid to stop firms failing in the face of a "normal" level of complaints.

clock 28 May 2015 •

Regulation

Lies and secret fees: Why is the FCA trying to fine Stewart Ford £75m?

Lies and secret fees: Why is the FCA trying to fine Stewart Ford £75m?

clock 27 May 2015 •

Regulation

FOS scolds bank for tagging risk-averse couple as 'experienced' investors

The Financial Ombudsman Service (FOS) has criticised a high street bank for improperly classifying a risk-averse couple as ‘experienced' investors, and ordered it to re-calculate its initial offer of compensation.

clock 27 May 2015 •

Regulation

Pension transfers: Site offers 170,000 savers' details for £600

A website is offering telemarketers access to hundreds of individuals it claims are interested in transferring their pots, for a small fee.

clock 27 May 2015 •

Regulation

Stewart Ford launches £650m damages claim against FSA and PwC

Stewart Ford is seeking £650m in damages from the financial regulator and administrator PricewaterhouseCoopers (PwC) for "causing" the collapse of Keydata, the investment firm he founded and which attracted almost £500m of investors' capital.

clock 26 May 2015 •
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