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Regulation

Regulation

The FCA's five key tests for investment advice

The FCA's five key tests for investment advice

clock 11 July 2014 •

Regulation

FCA defines difference between 'information' and 'advice'

The Financial Conduct Authority (FCA) has laid out for firms what it views as the differences between ‘information' and ‘investment advice' - and when information can be advice.

clock 11 July 2014 •

Equities

Taxpayers 'lost £1bn' on Royal Mail IPO

Taxpayers lost out on roughly £1bn in the Royal Mail initial public offering due to poorly-priced shares, MPs have said.

clock 11 July 2014 •

Regulation

Arch Cru investors receive £11.8m with advice redress scheme

Investors in the failed Arch Cru fund range have so far received £11.8m in redress as a result of the Financial Conduct Authority's (FCA) industry-wide review into the debacle.

clock 10 July 2014 • 2 min read

Regulation

Is the FCA protecting consumers? Eight key numbers

Is your regulator adequately protecting consumers? PA runs the numbers...

clock 10 July 2014 •

Regulation

FCA chief Wheatley paid £610k in 2013-2014

Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.

clock 10 July 2014 • 1 min read

Regulation

FOS uncovers more bad Harlequin advice

The Financial Ombudsman Service (FOS) has uncovered two more cases where self-invested personal pension (SIPP) investors in troubled unregulated overseas property scheme Harlequin received poor advice.

clock 09 July 2014 • 3 min read

Tax Planning

Beckham joins celebs facing £520m bill over tax schemes

Business executives and sport stars - among them David Beckham - have been warned they must pay HM Revenue and Customs more than £520m after a government crackdown on tax avoidance schemes.

clock 08 July 2014 • 2 min read

Regulation

FSCS chief 'concerned' by 15% rise in poor pension advice claims

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale is "increasingly concerned" by the rising number of claims the service is receiving that are linked to advice to move pensions into risky assets held in self invested personal pensions...

clock 08 July 2014 • 4 min read

Tax Planning

Tax dodgers face sleepless nights as HMRC property raids jump 12%

Property searches by HM Revenue & Customs (HMRC) to target tax evasion jumped by 12% to 500 in the last year, according to official data obtained by law firm Pinsent Masons.

clock 07 July 2014 • 3 min read
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