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Regulation

Regulation

Banks pay £482m interest swap redress; hundreds of customers yet to opt-in

Banks have paid out a total of £482m in redress to those they have missold interest rate hedging products, figures from the Financial Conduct Authority (FCA) show.

clock 05 March 2014 •

Adviser tips

Why is this advice marked 'not clear'? Re-thinking compliance

Susan Jordan, director at consultancy The Phil Billingham Partnership, on why the world of compliance checking needs an overhaul...

clock 05 March 2014 •

Regulation

FOS complaints against networks and nationals drop

The number of complaints upheld against networks and nationals by the Financial Ombudsman Service (FOS) have dropped in the last half year, figures show.

clock 04 March 2014 •

Regulation

FCA uncovers bank sales incentive risks for investment and protection

All the major retail banks and most medium-sized and smaller firms have made "significant" changes to their sales incentive schemes, but concerns over enticements linked to bank investment and protection sales remain, the Financial Conduct Authority (FCA)...

clock 04 March 2014 •

Regulation

Regulation round-up: Pension charges; consumer rights and inducement rules

Our monthly update on the key regulatory events of the past few weeks

clock 28 February 2014 •

Wrap/platforms

Why platform due dilligence is not about the price tag

Price should be the last factor to consider when it comes to platform due diligence

clock 28 February 2014 •

Regulation

FCA cracks down on payday lenders with 'tough' consumer credit rules

New rules governing how payday lenders and debt management companies treat their customers have been brought in by the Financial Conduct Authority (FCA) today.

clock 28 February 2014 •

Regulation

'Landmark' crackdown on fake shares fraudsters

Criminal gangs who trick people into investing in worthless shares have been targeted by police in the biggest ever international crackdown on the fraud.

clock 28 February 2014 •

Equities

Video exclusive: IMA chief hints at challenge of spotting active management 'skill'

The skill of active fund managers "adds real value" to investors, but the market may need to improve at identifying that skill quicker, according to Investment Management Association (IMA) chief executive Daniel Godfrey.

clock 27 February 2014 •

Regulation

Permira plans Bestinvest and Tilney merger

Private equity firm Permira has announced plans to combine Tilney, Deutsche Bank's regional wealth management business, and Bestinvest in order to form a standalone wealth manager with about £9bn of assets under management.

clock 27 February 2014 •
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