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Regulation

Regulation

Zurich: FCA must investigate alternative long-stop ideas

Insurer Zurich welcomed the regulator's pledge to re-open the long-stop debate but suggested it should be looking at more options than just a 15-year liability period.

clock 28 May 2014 •

Regulation

Adviser jailed for stealing £130k from clients

A financial adviser has been jailed for three years after admitting 13 counts of theft from his pensioner clients.

clock 23 May 2014 •

Regulation

Carney: Insurance execs to be held as accountable as senior bankers

Executives at insurance companies will be held as accountable as senior bankers for the conduct and viability of their companies, Bank of England (BoE) governor Mark Carney has announced.

clock 23 May 2014 •

Regulation

No man's land: The perils of advisers writing business 'on the side'

Who is ultimately responsible for the business written by advisers affiliated with nationals or networks?

clock 22 May 2014 •

Adviser tips

'It's nothing like tied': Three 'restricted whole-of-market' advisers on ditching IFA

'It's nothing like tied': Three 'restricted whole-of-market' advisers on ditching IFA

clock 21 May 2014 • 4 min read

Regulation

FCA alerts public to unauthorised 'free pension reviews'

The Financial Conduct Authority (FCA) is alerting the public to be wary of offers of free pension reviews, pointing out few firms offering the service are regulated.

clock 21 May 2014 •

Economics / Markets

Bean: Interest rates may be 'only game in town' to dampen housing market

The Bank of England may find monetary policy such as raising interest rates "the only game in town" to combat financial stability risks such as the housing market, the deputy governor has warned.

clock 21 May 2014 •

Regulation

Judge warns FCA against 'hindsight' in Arch case

Judge Timothy Herrington, who is overseeing the Tribunal hearing of Arch Financial Products (AFP) directors Robin Farrell and Robert Addison, said on Tuesday he had "to be careful not to apply hindsight" when assessing the firm's investment decisions...

clock 21 May 2014 •

Regulation

FCA accuses Arch directors of 'evasive' answers at Tribunal hearing

The Financial Conduct Authority (FCA) on Tuesday accused Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison of giving inconsistent and vague evidence in their appeal against a regulatory ban and fine...

clock 20 May 2014 •

Regulation

FOS resolves half a million complaints in 'unprecedented' year

A record year at Financial Ombudsman Service (FOS) saw 40,000 queries a week resulting in 512,167 new complaints during the past 12 months.

clock 20 May 2014 •
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