Regulation

The Financial Conduct Authority (FCA) is stepping up efforts to ensure firms are meeting its client money rules, according to a consultant.

Independent financial adviser Bradbury Hamilton has bought two client banks as part of its growth strategy and has further acquisitions in sight.

END OF THE TRAIL

The Financial Conduct Authority (FCA) has issued a rallying call to advisers and the wider industry to help it regulate, saying it "can't do it alone".

The government has rejected proposals to regulate the practice of will-writing, following a written request from the Legal Services Board (LSB) which said it had uncovered a "compelling case" for regulatory oversight of the industry.

Local authorities must provide care funders with information helping them to access independent financial advice, the revised Care Bill has stipulated, though concerns have emerged surrounding councils' definition of 'independent'.

The Association of Professional Financial Advisers (APFA) has issued a call to action to its members, urging them to respond to the Financial Conduct Authority's (FCA) fees consultation paper.

The Co-op could require taxpayer support for its banking arm after the business had its credit rating downgraded by Moody's, which warned the mutual faced losses that it might not be able to afford.

Advisers operating post-Retail Distribution Review (RDR) must create enduring relationships regardless of whether they make a sale, a Legal & General (L&G) director has argued.

The Financial Conduct Authority (FCA) is probing asset managers' use of "transition management" services over concerns end investors' interests are being disregarded.