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Your profession

Regulation

Tool launched to help advisers carry out past business reviews

Regulatory service provider The Consulting Consortium (TCC) has launched an analysis service aimed at helping financial adviser firms review client files for potential unsuitability.

clock 17 July 2013 •

Regulation

FCA probes claims of bond rigging ahead of 2011 auction

The Financial Conduct Authority (FCA) is looking into claims traders intentionally pushed up the price of government bonds before attempting to sell them to the Bank of England (BoE) in 2011.

clock 17 July 2013 •

Your profession

Adviser numbers barely above 20,000, finds APFA

Financial adviser numbers are continuing to decline and this must be reflected in lower regulatory fees for those who remain, the Association of Professional Financial Advisers (APFA) has said.

clock 16 July 2013 •

Regulation

Barclays raids JP Morgan for group finance director

Barclays has named JP Morgan Chase chief financial officer Tushar Morzaria as group finance director.

clock 16 July 2013 •

Your profession

Nationwide poaches FCA senior executive

Building society Nationwide has poached a senior executive at the Financial Conduct Authority to run its compliance department.

clock 16 July 2013 •

Regulation

FOS lists details of 1,250 complaints as service goes live

The Financial Ombudsman Service (FOS) has made public details of around 1,250 final decisions as its new reporting service goes live.

clock 16 July 2013 •

Regulation

FCA fines Swinton £7.4m over aggressive sales scripts

The Financial Conduct Authority (FCA) has issued a final notice against an insurance intermediary and fined it almost £7.4m, after discovering that its sales scripts were flawed.

clock 16 July 2013 •

Regulation

Ex-mortgage adviser sentenced to two years in prison

A former mortgage adviser was sentenced to two years in prison by Maidstone Crown Court on Friday.

clock 16 July 2013 •

Your profession

Fisher shares lessons learned after buyout that ended in court

Wealth manager Towry inherited a "train wreck" when it acquired advisory firm Edward Jones in 2009, but it should have done more to "win the hearts and minds" of its new staff, its chief executive Andrew Fisher has said.

clock 16 July 2013 •

Regulation

FOS hit with massive rise in complaints

The Financial Ombudsman Service (FOS) has seen a 179% increase in complaints about financial products and services in the first quarter of the 2013/14 financial year.

clock 16 July 2013 •
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