Regulation

The Financial Conduct Authority (FCA) has launched enforcement action against at least one medium size firm for failing to handle payment protection insurance (PPI) claims properly, after it found "serious problems" at two thirds of the firms it reviewed....

The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).

What proportion of advisers' non-client revenue is acceptable? Our armchair critic, Brendan Llewellyn, ponders the fallout from the Financial Conduct Authority's investigation into provider payments to advisers...

TAKE NOTE

The government has announced the members of its new Financial Services, Trade and Investment Board (FSTIB), which will be in charge of promoting trade and attracting investments as part of the government's economic recovery strategy.

Bankhall is urging firms to identify and review emerging risks within their business in light of the Financial Conduct Authority's (FCA) increasing focus on retail conduct risk - and has launched a tool for advisers to help them.

Partnership Life Assurance Company, part of the Partnership Assurance Group, has confirmed it is the subject of a Financial Conduct Authority (FCA) investigation into potentially unsuitable distribution deals with advisory firms.

J.P. Morgan has been fined a total of $920m (£571m) over the infamous 'London Whale' trades which led to derivatives losses last year of $6bn (£3.7bn).

The Financial Conduct Authority (FCA) yesterday published the findings of a review into potential inducements between providers and advisers - but there are a few things the paper failed to mention, according to Threesixty.

Enhanced annuity specialist Partnership Assurance is thought to be one of the two companies the Financial Conduct Authority (FCA) is considering taking action against for inducement breaches, according to reports.