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Regulation

Regulation

FCA spends £77k on external consultancies

Outside analysts have cost the Financial Conduct Authority (FCA) £76,885 since June, for work done predominantly on consumer credit.

clock 15 January 2014 •

Regulation

FCA hires ex-ABI director Maggie Craig

The Financial Conduct Authority (FCA) has hired Maggie Craig, a former director of the Association of British Insurers (ABI), as an adviser on policy issues.

clock 15 January 2014 •

RDR

How does Hargreaves' pricing stack up against its rivals?

PRICE WAR

clock 15 January 2014 •

RDR

Hargreaves secures 54bps for new 'Wealth 150+' as it unveils clean pricing

Hargreaves Lansdown's unbundled price structure will see it charge an annual fee of 0.45% for sub-£250k clients, with the group having also negotiated an average AMC for new 'Wealth 150+' funds of just 0.54%.

clock 15 January 2014 •

RDR

Wheatley regrets six-year RDR timespan

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has said the regulator regrets the time it took between the conception of a Retail Distribution Review (RDR) in 2006 and the roll-out of new rules more than six years later....

clock 15 January 2014 •

RDR

Advisers have benefited from RDR - Wheatley

Advisers have generally benefited from the Retail Distribution Review (RDR) as their revenues have increased and they are more professional and better qualified, Financial Conduct Authority (FCA) chief executive Martin Wheatley has said.

clock 14 January 2014 •

Investment

Keydata investors renew calls for Parliamentary inquiry into scheme's collapse

A group of Lifemark-backed Keydata bond investors are renewing their efforts to organise a public inquiry into the collapse of the investment scheme nearly five years ago, by lobbying their MPs to act.

clock 14 January 2014 • 2 min read

Regulation

Ex-Perspective's Craddock among three named on FCA decisions panel

Peter Craddock, a director at the Association of Professional Financial Advisers (APFA), is among three new names on a Financial Conduct Authority (FCA) committee responsible for approving applications and issuing warning notices.

clock 14 January 2014 •

Regulation

FCA 'still struggling' to gauge true effects of advice gap

The Financial Conduct Authority (FCA) is finding it difficult to measure the true effects of the ‘advice gap' but will make it a priority over the coming year, according to chief executive Martin Wheatley.

clock 14 January 2014 •

RDR

No reimbursement for 'overpaid' fees - Wheatley

The Financial Conduct Authority (FCA) will not reimburse advisers for previously 'overpaid' fees if the proposal to cut regulatory costs from next year comes into force, chief executive Martin Wheatley has said.

clock 14 January 2014 •
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