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Regulation

Regulation

Keydata claimants set for further payouts

The Financial Services Compensation Scheme (FSCS) is notifying investors who lost money in Lifemark-backed bonds distributed by Keydata that they can expect further payments shortly.

clock 23 November 2014 •

Pensions

Aviva to buy Friends Life in £5.6bn deal

Aviva has confirmed it is to buy rival insurer Friends Life in a deal worth £5.6bn which will create a combined business with 16 million customers.

clock 23 November 2014 •

Regulation

Fund management fees: The great unknown

Fund management fees: The great unknown

clock 21 November 2014 •

Regulation

FCA's Percival: More guidance is not the answer

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.

clock 21 November 2014 •

Regulation

FCA: Regulation hinders product cost comparisons

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...

clock 20 November 2014 •

Regulation

Last minute rush to join Lloyds investor lawsuit over HBOS takeover

Around 8,000 investors have put their name to a lawsuit claiming Lloyds misled shareholders ahead of the bank's acquisition of HBOS six years ago.

clock 20 November 2014 •

Regulation

FCA must reveal 'what good looks like', says APFA chairman

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.

clock 19 November 2014 •

Regulation

FSCS sets up panel for £10m-£50m legal contracts

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.

clock 18 November 2014 •

Regulation

FSCS Catalyst claims to reach £60m this year

The Financial Services Compensation Scheme (FSCS) expects to pay out £60m in claims against failed ARM bonds distributor Catalyst Investment Group this year.

clock 18 November 2014 •

Regulation

Percival denies FCA-FOS ruling inconsistencies

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.

clock 17 November 2014 •
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