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Regulation

Regulation

Simplified advice: FCA urged to rethink stance on 'priority needs'

Simplified advice should not be restricted to those who have cleared their debts and had other ‘priority needs' met if the Financial Conduct Authority (FCA) is serious about closing the advice gap, according to a law firm.

clock 26 September 2014 •

Equities

Neil Woodford: Industry charging active fees for index performance

Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.

clock 26 September 2014 •

Regulation

FCA creates 15-strong supervision team to inspect retail funds

The Financial Conduct Authority (FCA) has created a dedicated fund supervision unit to regulate and monitor individual retail funds for the first time, in a bid to better safeguard investors and consumers.

clock 26 September 2014 •

Regulation

FCA about-turns on IFA referrals to specialists

A financial advisory business can permit its advisers to refer clients to specialist colleagues within the company and remain independent, following an about-turn by the Financial Conduct Authority (FCA).

clock 25 September 2014 •

Regulation

FCA data offers evidence of declining adviser claims

Does latest FCA data offer further evidence of declining adviser claims?

clock 25 September 2014 •

Regulation

Barclays, Fidelity and HSBC top FCA investment complaints list

Barclays, Fidelity and HSBC have been flagged by the Financial Conduct Authority (FCA) as the most complained about firms for investments in the first half of 2014.

clock 25 September 2014 •

Regulation

FCA bans adviser over fake mortgage applications

The Financial Conduct Authority (FCA) has banned an investment and mortgage adviser for submitting fake and misleading mortgage applications.

clock 24 September 2014 •

Wrap/platforms

Friend or foe: Can platforms really help advisers with asset migration?

Friend or foe: Can platforms really help advisers with asset migration?

clock 24 September 2014 •

Regulation

FCA invites complaints on EEA Life Settlements advice

The Financial Conduct Authority (FCA) is inviting investors in the EEA Life Settlements fund who bought directly or via a financial adviser to consider making a complaint as it believes some are "likely to have been mis-sold the product".

clock 24 September 2014 •

Regulation

FOS reassures advisers: Initial letter is not official complaint

Receiving a letter from the ombudsman saying a customer has made a complaint does not mean a case has been opened, the Financial Ombudsman Service (FOS) has advised.

clock 23 September 2014 •
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