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Regulation

Regulation

FCA confirms adviser levy to increase by 13%

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.

clock 01 July 2013 •

Regulation

Tribunal upholds FCA ban and £150k fine on insurance broker

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.

clock 28 June 2013 •

Regulation

FCA shows 'fresh approach to conduct regulation'

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.

clock 28 June 2013 •

Regulation

APFA in talks with FOS over 'inconsistent' case verdicts

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.

clock 28 June 2013 •

Regulation

'The biggest mis-selling scandal': PPI payouts top £10bn

More than £10bn has now been returned to payment protection insurance (PPI) policyholders by the banks and building societies that mis-sold it to them, according to the latest figures from the Financial Conduct Authority (FCA).

clock 28 June 2013 •

Regulation

OFT sends payday lenders to regulator for investigation

The £2bn payday loans industry has been referred for a full-blown investigation by the competition commission over concerns that firms benefit hugely from loans that borrowers can't pay back on time.

clock 27 June 2013 •

Regulation

How a risk-rated fund can upset an entire portfolio

RISK-RATING

clock 27 June 2013 •

Regulation

Capital adequacy rules will stall business development - Sense chief Tim Newman

The Financial Conduct Authority's (FCA) capital adequacy rules will prevent many companies in the industry from developing their business models, according to Sense chief executive Tim Newman...

clock 26 June 2013 •

Regulation

Consumer panel warns against early demise of KIDs

The Financial Conduct Authority (FCA)'s consumer panel has today warned that confusion over the purpose of the key information document (KID) could lead to its early demise.

clock 25 June 2013 •

Regulation

FSCS reviews position on Rockingham advice claims

The Financial Services Compensation Scheme (FSCS) is reviewing its decision to reject claims from investors who lost money in troubled life settlement fund ARM on the advice of now-defunct IFA Rockingham Independent.

clock 24 June 2013 •
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