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Regulation

RDR

Regulator's RDR costs jump 38% in a year

The Financial Conduct Authority (FCA) spent £3.3m on overseeing the Retail Distribution Review (RDR) last year, according to its annual accounts, a 37.5% increase on the cost of the rule change before implementation.

clock 10 July 2014 • 1 min read

Regulation

Is the FCA protecting consumers? Eight key numbers

Is your regulator adequately protecting consumers? PA runs the numbers...

clock 10 July 2014 •

Regulation

FCA chief Wheatley paid £610k in 2013-2014

Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.

clock 10 July 2014 • 1 min read

Wrap/platforms

Why the platform price war is causing a headache for advisers

How the platform price war is affecting advisers

clock 10 July 2014 • 8 min read

Regulation

FOS uncovers more bad Harlequin advice

The Financial Ombudsman Service (FOS) has uncovered two more cases where self-invested personal pension (SIPP) investors in troubled unregulated overseas property scheme Harlequin received poor advice.

clock 09 July 2014 • 3 min read

Regulation

Chase de Vere cuts losses; makes £4m UCIS provision

National IFA Chase de Vere managed to claw its way back towards the black last year, but has been forced to set aside millions to deal with complaints from unhappy clients.

clock 08 July 2014 • 2 min read

Pensions

Head to Head: Should a permitted investment list be reinstated for SIPP providers?

Should a permitted investment list be reinstated for SIPP providers?

clock 07 July 2014 • 6 min read

Regulation

FCA confirms fees for advisers; will not reimburse 'overcharged' fees

The Financial Conduct Authority (FCA) has confirmed advisers' regulatory fees for the next year will be £68m - a near-19% reduction on last year, in its latest policy statement.

clock 07 July 2014 • 2 min read

Regulation

FCA beefs up competition team by 30 staff in one year

The Financial Conduct Authority (FCA) has increased its competition team by 30 staff in the last year, as it prepares to step up its competition investigations and market studies, according to FCA figures obtained by financial services regulatory consultancy...

clock 07 July 2014 • 2 min read

Regulation

FCA spends £3m on legal battles against firms

The Financial Conduct Authority (FCA) spent more than £3m on legal representation in its first nine months in office, according to information published on 3 July.

clock 04 July 2014 • 2 min read
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