Regulation

An IFA has accused the Financial Conduct Authority (FCA) of not staying on top of its policing mandate and has called for a greater crack-down on advisers that are violating its rules.

The Claims Management Regulator (CMR), Financial Conduct Authority (FCA), Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) have issued joint guidance for firms on how to deal with claims management companies (CMC),...

INDUCEMENTS

The Financial Conduct Authority (FCA) has fined Standard Bank £7.64m for failings relating to its anti-money laundering (AML) policies and to procedures with corporate customers who are connected to 'politically exposed persons'.

The Association of Professional Financial Advisers (APFA) has said it hopes a new approach to funding the Financial Services Compensation Scheme (FSCS) will mean lower overall contributions from advisers in the long term.

REGULATION

MASTERCLASS

Fiona Murphy looks at the results of Retirement Planner's inquiry into RDR and finds out how advisers have survived and adapted to the reforms.

Fidelity has undercut Hargreaves Lansdown with its new pricing structure, introducing an AMC of 0.35% for clients with total assets up to £250,000.

The Financial Services Compensation Scheme (FSCS) has promised to be more communicative with the industry that pays for it.