Regulation

The Upper Tribunal has upheld a decision by the Financial Conduct Authority (FCA) to fine investment adviser Westwood Independent Financial Planners £100,000 for mis-selling geared traded endowment policies (GTEPs).

Most American expatriates have at least questioned their US citizenship due to the impact of the Foreign Account Tax Compliance Act (FATCA), a survey suggests.

The majority of financial product providers anticipate there will be an increase in the outsourcing of sales and business development within the next five years.

The Financial Conduct Authority (FCA) is looking at bringing back reporting on a cash-basis for advisory firms in their Retail Mediation Activities Returns (RMAR), its head of savings, investments and distribution said today.

Comparison sites are facing an investigation by the Financial Conduct Authority (FCA) to ensure consumers are not "being misled".

The Association of Professional Financial Advisers (APFA) is claiming a key victory in the fight for fair regulation of advisers following news that European Union ministers have dropped a proposal to cap fees for advice.

REGULATION

ETPs

ALTERNATIVES

The City regulator has begun an investigation into the role of former senior directors at the Co-operative Bank.