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Regulation

Regulation

APFA rallies members on FCA fees

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.

clock 10 May 2013 •

Regulation

Co-op Bank could need taxpayer support, says Moody's

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.

clock 10 May 2013 •

RDR

Advisers should choose loyal clients over high end 'bloodbath' - L&G

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.

clock 09 May 2013 •

Regulation

FCA probes asset managers' use of 'transition' services

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

clock 09 May 2013 •

Regulation

FCA confirms UCIS paper delay 'to allow time to get it right'

The Financial Conduct Authority (FCA) has confirmed it is delaying the publication of final rules governing the sale and promotion of unregulated collective investment schemes (UCIS), saying it remains unclear on some issues and must be allowed time to...

clock 08 May 2013 •

Regulation

Number of firms de-authorising jumps 214%

The number of firms de-authorising jumped 214% between March and April, according to research by Matrix Solutions based on Financial Conduct Authority (FCA) data.

clock 07 May 2013 •

Regulation

Citizens Advice criticises 'irresponsible' payday lenders

Two-thirds of payday loan cases have had no financial checks carried out to make sure borrowers will be able to repay the loan, according to research by the Citizens Advice.

clock 07 May 2013 •

Regulation

Almost all adviser books boosted by RDR

Some 97% of IFAs report taking on new clients since the advent of the Retail Distribution Review (RDR), according to research released today.

clock 07 May 2013 •

RDR

Pru with-profit bonds sales hit by RDR

Prudential has reported a 21% fall in sales of with-profit bonds for the first quarter of the year, which it has attributed to the implementation of the Retail Distribution Review (RDR).

clock 07 May 2013 • 2 min read

Structured Products

RSM Tenon wins £5.5m following FSA fine dispute

RSM Tenon has been reimbursed £5.5m following the settlement of a dispute with its professional indemnity (PI) insurers over who should pay for costs arising from its Financial Services Authority (FSA) fine in 2010.

clock 03 May 2013 •
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