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Regulation

Regulation

Major review of financial advice market launched

A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).

clock 03 August 2015 •

Adviser tips

Super-safe suitability reports: How to get it right

Top tips for completing super-safe suitability reports

clock 30 June 2015 •

Regulation

FOS bows to pressure to cut budget by 11%

The Financial Ombudsman Service (FOS) has listened to industry complaints about the burden of regulatory cost and cut its budget by 11% for the coming year.

clock 25 March 2015 •

Regulation

FCA guilty of 'dereliction of duty' in media blunder

The Financial Conduct Authority (FCA) is set to be heavily criticised over its decision to leak details of an upcoming insurance probe to a national newspaper, inadvertently causing shares in several major life companies to plummet, according to reports....

clock 23 March 2015 •

Regulation

Adviser complaint uphold rate markedly below average

The proportion of complaints against advisory groups found in favour of the consumer is significantly below the average for the sector, the Financial Ombudsman Service's (FOS's) latest data shows.

clock 24 February 2015 •

Income Protection

Mortgage network commits advisers to discuss income protection with clients

Mortgage network Pink has said all its intermediaries will now discuss income protection with clients from the first meeting onwards.

clock 04 February 2015 •

Regulation

Questions raised over Sesame protection premiums and commissions

Clients who buy the same protection products via Sesame could pay vastly different premiums amounting to thousands of pounds more depending on which of the network's two types of adviser they deal with, an investigation by Professional Adviser has revealed....

clock 12 January 2015 •

Regulation

Cost of report into FCA media error approaches £4m

The total costs of an independent report into the Financial Conduct Authority's strategy to brief a national newspaper on one of its high-profile regulatory projects are approaching £4m.

clock 10 December 2014 •

Regulation

FCA media blunder: Staff warned regulator not to brief journalist

A strategy by the Financial Conduct Authority (FCA) to leak details of one of its upcoming projects to a national newspaper - a decision which sparked huge falls in the share prices of several major life companies - was "high risk" and inadequate, according...

clock 10 December 2014 •

Regulation

FOS rules out charging complainants

The Financial Ombudsman Service (FOS) has ruled out charging "nominal" fees to complainants, agreeing with Parliament's view the service must be free to ensure the public's confidence in it.

clock 09 December 2014 •
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