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Regulation

Regulation

Former FSA COO takes up Greenwich university post

Mark Norris, the former chief operating officer (COO) at the Financial Services Authority (FSA), has been appointed as COO of the University of Greenwich.

clock 17 April 2013 •

Regulation

FOS rules against IFA in £2.6m film scheme case

The Financial Ombudsman Service (FOS) has ruled in favour of five clients who invested almost £2.6m via their IFA 20Twenty Independent in a film scheme.

clock 17 April 2013 •

Regulation

IFAs see income boost but fear profit shortfall - Aviva

More than half of advisers are worried about their profitability over the next 12 months despite most expecting income growth, according to the latest Aviva Barometer.

clock 17 April 2013 •

Regulation

FOS warns on copy cat scam emails

The Financial Ombudsman Service (FOS) has issued a warning to consumers not to reply to fraudulent emails purporting to be from the FOS and asking for personal details.

clock 17 April 2013 •

Regulation

FCA charges eight in relation to land banking

The Financial Conduct Authority (FCA) has charged eight men with conspiracy to defraud following investigations into land banking activity.

clock 17 April 2013 •

RDR

Record-breaking Hargreaves notes rise of self-investing

Hargreaves Lansdown has achieved record levels of assets under administration after attracting £4.7bn of new money in the three months to April.

clock 17 April 2013 •

Regulation

Barclays: releasing £39m bonus details on Budget day was 'a mistake'

The boss of retail banking at Barclays has admitted that 2012 was a "very difficult year" for the bank, and said the decision to release details of staff's £38.5m bonus details on Budget day was a "mistake" but claimed it was not an attempt to bury the...

clock 16 April 2013 •

Regulation

Lighthouse CEO questions industry's long-term future

Lighthouse Group's chief executive has questioned the long-term viability of the financial services industry after latest figures showed a quarter of advisers had quit between November 2011 and January this year.

clock 16 April 2013 •

Regulation

No trust in financial services without jail time, shadow minister says

Financial services will never rebuild trust with consumers or affect a change in the sector unless custodial sentences are imposed on those guilty of criminal wrongdoing, Chuka Umunna, shadow business secretary has said.

clock 16 April 2013 • 2 min read

Regulation

Inducements probe casts shadow over IFA M&A deals

A regulatory crackdown on inducements has raised questions about the viability of the most common way in which IFA practices are bought and sold, according to consultants Harrison Spence Partnership.

clock 16 April 2013 •
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