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Regulation

Regulation

FCA confirms Osborne's 'right to advice' pledge means guidance only

The Chancellor's 'right to advice' for pensioners at the point of retirement will be a right to 'free impartial guidance', not regulated advice, the Financial Conduct Authority (FCA) has confirmed.

clock 01 April 2014 •

Regulation

Campaigners cheer FCA pledge to consult on advisers' 'uncapped liability'

Industry campaigners have welcomed confirmation the Financial Conduct Authority (FCA) will consult on the re-introduction of a 15-year time limit on complaints against advisers reaching the Financial Ombudsman Service (FOS).

clock 31 March 2014 •

Regulation

Advisers' Money Advice Service levy to drop 18%

Financial advisers will contribute £3.7m toward the Money Advice Service (MAS) in 2014-2015, a decrease of almost 18% on the previous year.

clock 31 March 2014 •

Regulation

Adviser FCA fees down 19% after fee block realignment

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.

clock 31 March 2014 •

Regulation

FCA to review investment advice suitability

The Financial Conduct Authority (FCA) is to review the suitability of investment advice as part of its 2014-2015 supervisory work, and will also consult on the re-introduction of a 15-year long-stop on complaints.

clock 31 March 2014 •

Regulation

FCA ups funding requirement to £446m

The Financial Conduct Authority (FCA) has increased its annual funding requirement (AFR) - the amount it levies fee payers - for 2014-2015.

clock 31 March 2014 •

Regulation

Call for Wheatley resignation after review 'blunder'

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), is facing calls for his resignation after the regulator made an "extraordinary blunder" that hit insurers' share prices, according to reports.

clock 31 March 2014 •

Regulation

FCA may have made 'extraordinary blunder', says Tyrie

The Financial Conduct Authority (FCA) may have made an 'extraordinary blunder' in allowing market sensitive information about its work to reach the public domain ahead of schedule, thereby creating a disorderly market in shares, Treasury Select Committee...

clock 29 March 2014 •

Regulation

Govt commissions independent review of Money Advice Service

The government has agreed to an independent review of the Money Advice Service (MAS) following pressure from the Treasury Select Committee (TSC).

clock 29 March 2014 •

Regulation

Lawyers called in to investigate FCA handling of closed policy probe

The Financial Conduct Authority (FCA) board has called in lawyers to investigate the regulator's handling of the revelation it is to examine the fair treatment of "long standing" customers in life insurance products, a revelation which sparked huge losses...

clock 28 March 2014 •
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