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.
The Investment Management Association (IMA) has written to UK fund groups asking them to anonymously disclose details of salary structures following discussions with EU regulators.
The Financial Conduct Authority (FCA) has uncovered widespread shortcomings in consumer credit promotions, such as payday loan advertisements.
Keeping one step ahead of the regulator...
Financial Conduct Authority (FCA) technical specialist Rory Percival today warned advisers they may be "flipping a coin" as to the suitability of their recommendations if they fail to personalise advice when using centralised investment propositions (CIPs)....
The story of the thumb-sucker: Is the FCA using supervisory shock tactics?
An online simplified advice business which also allows customers to speak to an adviser is set to be launched by the former chief executive of Ashcourt Rowan Financial Planning.
What the supervision shift means for your firm
Mike Horseman, MD, Cockburn Lucas