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Regulation

Regulation

Simplified advice: FCA urged to rethink stance on 'priority needs'

Simplified advice should not be restricted to those who have cleared their debts and had other ‘priority needs' met if the Financial Conduct Authority (FCA) is serious about closing the advice gap, according to a law firm.

clock 26 September 2014 •

Equities

Neil Woodford: Industry charging active fees for index performance

Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.

clock 26 September 2014 •

Regulation

FCA creates 15-strong supervision team to inspect retail funds

The Financial Conduct Authority (FCA) has created a dedicated fund supervision unit to regulate and monitor individual retail funds for the first time, in a bid to better safeguard investors and consumers.

clock 26 September 2014 •

Regulation

Life settlements firm EEA points complainants towards advisers

EEA Group, the company behind the EEA Life Settlements fund, is urging investors who believe they were mis-sold the product to complain to the intermediaries who arranged the sale, following an alert by the Financial Conduct Authority (FCA).

clock 25 September 2014 •

Regulation

FCA data offers evidence of declining adviser claims

Does latest FCA data offer further evidence of declining adviser claims?

clock 25 September 2014 •

Regulation

Barclays, Fidelity and HSBC top FCA investment complaints list

Barclays, Fidelity and HSBC have been flagged by the Financial Conduct Authority (FCA) as the most complained about firms for investments in the first half of 2014.

clock 25 September 2014 •

Regulation

Charles Stanley CEO Howard to step down after 40 years

Charles Stanley chief executive Sir David Howard is to step down following new European Union (EU) rules demanding firms separate the roles of CEO and chairman.

clock 25 September 2014 •

Regulation

FCA invites complaints on EEA Life Settlements advice

The Financial Conduct Authority (FCA) is inviting investors in the EEA Life Settlements fund who bought directly or via a financial adviser to consider making a complaint as it believes some are "likely to have been mis-sold the product".

clock 24 September 2014 •

Regulation

Barclays hit with £38m FCA fine

The Financial Conduct Authority (FCA) has fined Barclays a record £38m for failing to adequately protect clients' custody assets worth £16.5bn.

clock 23 September 2014 •

Regulation

FOS finds against Chartered firm in ARM ruling

A Corporate Chartered financial planning business has been told to compensate a client who was recommended to invest £50,000 in a bond based on senior US life settlement policies, following a final ruling by the Financial Ombudsman Service (FOS).

clock 22 September 2014 •
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