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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)...
Aviva has withdrawn its corporate hospitality events for its life distributors following the release of the Financial Conduct Authority's (FCA) final guidance on inducements and conflicts of interests.
Peter Craddock, a director at the Association of Professional Financial Advisers (APFA), is among three new names on a Financial Conduct Authority (FCA) committee responsible for approving applications and issuing warning notices.
The Society of Trust and Estate Practitioners (STEP) has unveiled a code of practice for will writing for its members.
Consumer group Which? is among four organisations awarded ‘super-complainant' status by the government, meaning it has the power to present complaints to the Financial Conduct Authority (FCA), which must respond.
The payday loans industry will be forced to limit the cost of its loans amid claims it is trapping vulnerable borrowers in debt.
The Financial Conduct Authority (FCA) has said it is reassured by the progress banks have made in moving away from incentives-based sales models but it is still concerned about how investment and protection products are sold to consumers.