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Regulation

Regulation

Referendum fears hit Scottish fund managers

Scottish fund managers have suffered outflows in recent months amid increased uncertainty over the outcome of the country's independence referendum.

clock 15 September 2014 •

Regulation

Aegon reveals plans if Scots vote for independence

Aegon would establish a new registered life company in England should Scots vote for independence on 18 September.

clock 11 September 2014 •

Regulation

FCA secures freezing orders to stop private bank clone

The Financial Conduct Authority (FCA) has launched civil proceedings against individuals it believes have carried on regulated activities without authorisation while purporting to be a private bank.

clock 11 September 2014 • 1 min read

Regulation

UK handed surprise boost as Brit gets top EU financial services role

The UK financial services industry's hand in European Union negotiations has been strengthened by the surprise appointment of a Conservative peer to the key role of European Union (EU) commissioner for financial services.

clock 10 September 2014 •

Regulation

FCA chief Wheatley backs innovators to close advice gap

The chief executive of the Financial Conduct Authority (FCA) has said the market will innovate to close any advice gaps created from changes brought in following the Retail Distribution Review (RDR).

clock 10 September 2014 •

Regulation

Martin Wheatley backs 'competent' MAS

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), said he has confidence the Money Advice Service (MAS) is a "competent organisation", though said it faces a huge operational challenge to deliver the free financial guidance...

clock 09 September 2014 •

Regulation

FOS rules Chase de Vere wrong to put 65% of client's SIPP in UCIS

The Financial Ombudsman Service (FOS) has ruled national adviser Chase de Vere gave unsuitable advice when it recommended a client put most of his pension in high risk unregulated schemes just six years before he retired.

clock 04 September 2014 •

Regulation

Jet setting FCA: Foreign travel tops regulator's board expense claims

The Financial Conduct Authority's (FCA) directors racked up expense claims between April last year and this March of £61,887, mainly to cover the cost of foreign travel for the chairman, chief executive and supervision director.

clock 03 September 2014 •

Regulation

SimplyBiz launches events on sunset clause

Support services provider SimplyBiz is launching a series of events focusing on investments and the sunset clause.

clock 03 September 2014 •

Regulation

SFO investigating £120m Axiom fund and founder

The Serious Fraud Office (SFO) is investigating the suspended £120m Axiom Legal Financing fund and its founder Tim Schools, Professional Adviser understands.

clock 01 September 2014 •
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