Regulation

Fiona Murphy asks advisers and providers about the ‘unintended' consequences of RDR and how issues around suitability and provider systems are driving the market.

Chase de Vere today announced steep losses for 2012 of £11.2m, impacted by the £14.4m set aside to cover the costs of its Keydata legal battle and compensating clients sold Arch Cru and payment protection insurance.

HM Revenue & Customs (HMRC) is set to de-register up to 500 pension 'liberation' providers as part of a wider crackdown on the schemes.

The Financial Conduct Authority (FCA) has said it will step up its game in tackling financial crime and make increasing use of its newly gained enforcement powers.

Platforms will need to have at least £40bn in assets under management to survive the margin squeeze caused by new regulations, research by Deloitte has claimed.

Financial adviser support group SimplyBiz has reported a pre-tax profit of £3m for the year ending 31 December 2012, up 15% on the £2.5m figure recorded for 2011.

The Financial Conduct Authority (FCA) has confirmed its levy for the coming year will be £432.1m, with financial advisers contributing 9% of the total.

The Upper Tribunal has upheld the decision of the Financial Conduct Authority (FCA) to ban Andrew Jeffery and fine him one of the largest ever fines imposed on a broker for insurance fraud.

The Financial Conduct Authority (FCA) is showing signs of an impending overhaul of conduct regulation should politics and the industry allow it, according to a prominent consultancy.

The Association of Professional Financial Advisers (APFA) has arranged a meeting with the Financial Ombudsman Service (FOS) to discuss what it believes is "inconsistent" adjudicating by the body when resolving complaints against advisers.