Regulation
Regulation
The Financial Conduct Authority (FCA) has banned and imposed fines of £28,000 each on two individuals for failings related to the sales of unregulated collective investment schemes (UCIS) to some 800 investors.
16 August 2013
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Regulation
The Financial Services Compensation Scheme (FSCS) said it is continuing to receive claims in respect of the CF Arch Cru funds, and has put the likelihood of a further interim levy for 2013-14 as ‘medium'.
16 August 2013
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RDR
Personal Finance Society (PFS) CEO Keith Richards has praised advisers for showing strength and resilience in the wake of the Retail Distribution Review (RDR), after Financial Conduct Authority (FCA) figures suggested intermediaries are re-entering the...
15 August 2013
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Regulation
The number of financial advisers operating in the UK has risen in the first half of the year as intermediaries re-enter the market, according to the Financial Conduct Authority (FCA).
15 August 2013
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1 min read
RDR
Insurer Zurich UK has reported a drop in income from its private client business following the ban on commission introduced as a result of the Retail Distribution Review (RDR).
15 August 2013
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Pensions
The independent tag is now meaningless and likely to 'wither on the vine', according to one wealth management director.
14 August 2013
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Regulation
The Financial Ombudsman Service's (FOS) executive team has earned a total of £1.442m including benefits in the 2012/13 financial year, according to its audited directors' report and financial statements published last week.
13 August 2013
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