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Your profession

Regulation

FCA warning notices: When the regulator will identify individuals

The Financial Conduct Authority (FCA) will now be publishing details of warning notices against firms and individuals before it issues enforcement proceedings against them. But in what circumstances will it name and shame individuals?

clock 16 October 2013 •

Your profession

Pru blames rising costs for with-profits guarantee cuts

Prudential has removed its guarantee to keep withdrawals free of market value reduction (MVR) charges on its with-profit bonds and pensions, blaming rising costs.

clock 15 October 2013 •

Regulation

Hector Sants takes temporary leave of absence due to stress

Barclays head of compliance Hector Sants is taking a leave of absence due to a diagnosis of stress and exhaustion.

clock 15 October 2013 •

Regulation

FCA confirms 'name and shame' policy before enforcement action

The Financial Conduct Authority (FCA) has confirmed it will publish information about proposed enforcement actions, naming firms and individuals, before deciding whether it will take action.

clock 15 October 2013 •

Charging

Most advisers charging on a percentage basis - study

The vast majority of advisers are operating percentage-based charging structures, a poll of more than 1,000 practitioners suggests.

clock 15 October 2013 •

Your profession

Origen links with Clydesdale & Yorkshire Banks for advice referrals

Customers of Clydesdale & Yorkshire Banks will now be referred to Origen Financial Services for financial advice after a tie up between the businesses.

clock 14 October 2013 •

Regulation

BoE's Tucker: Banks no longer 'too big to fail'

In his final speech as deputy governor of the Bank of England Paul Tucker revealed that the resolution regime, which would allow one of the world's largest banks to collapse without being rescued, is now in place.

clock 14 October 2013 •

Your profession

Standard Life sells Simplybiz stake

Simplybiz has bought back Standard Life's 10% share in the group for an undisclosed sum.

clock 11 October 2013 •

Your profession

Quick quiz of the week's news #13

QUIZ

clock 11 October 2013 •

Technology

Sesame teams up with Aviva to offer real-time product valuations

Sesame Bankhall group (SBG) has teamed up with Aviva to provide real-time, up-to-date valuations on pension and investment products.

clock 11 October 2013 •
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