Regulation

Non-exec directors at the Financial Conduct Authority (FCA) have appointed Simon Davis, a partner at Clifford Chance, to conduct an independent inquiry into the handling of its announcement of a proposed investigation into the fair treatment of long standing...

Adviser Alan Lakey urges caution on an FCA promise to examine the case for a complaints long-stop

Why is the FCA continuing to find so many firms getting it wrong?

Eleven things you need to know about the FCA's cost of advice probe

Nearly three quarters of firms are still failing to show clients the true cost of advice, the regulator has found in what it calls a "wake-up call" for the industry which has already put two firms at risk of enforcement action.

The Financial Conduct Authority (FCA) will "take out" payday lenders who do not obey strict operating rules, it has said.

Industry campaigners have welcomed confirmation the Financial Conduct Authority (FCA) will consult on the re-introduction of a 15-year time limit on complaints against advisers reaching the Financial Ombudsman Service (FOS).

Financial advisers will contribute £3.7m toward the Money Advice Service (MAS) in 2014-2015, a decrease of almost 18% on the previous year.

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.

The Financial Conduct Authority (FCA) is to review the suitability of investment advice as part of its 2014-2015 supervisory work, and will also consult on the re-introduction of a 15-year long-stop on complaints.