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Regulation

RDR

Barclays wealth arm consults FSA over fund group admin fees

Barclays' wealth arm is in talks with the regulator about charging asset managers administration fees when their funds are recommended for private client portfolios.

clock 18 October 2012 •

RDR

What do RDR share classes mean for advisers?

Threadneedle's Gary Collins explains what the new range of RDR share classes mean for advisers and their clients.

clock 18 October 2012 •

VCTs / EIS

VCTs and EISs to come under UCIS ban

Venture capital trusts (VCTs) and enterprise investment schemes (EISs) are to fall under the Financial Services Authority's (FSA's) upcoming guidance on unregulated collective investments schemes (UCIS).

clock 18 October 2012 •

Regulation

FSA fines Sun Life Assurance Company of Canada (UK) £600k

Sun Life Assurance Company of Canada (UK) Limited (SLOC UK) has been fined £600,000 by the Financial Services Authority (FSA) for failings in the governance of its with-profits business.

clock 18 October 2012 •

Investment Trusts

ITs target wider market as RDR approaches

INVESTMENT TRUSTS

clock 18 October 2012 •

Regulation

Study charts decline in US adviser numbers

The number of financial advisers operating in the United States has fallen dramatically in the last few years and is likely to decline further as direct-to-consumer (D2C) propositions attract investors, a study suggests.

clock 18 October 2012 •

Regulation

Wheatley waves goodbye to 'old way of doing things'

The Financial Services Authority (FSA) was aware of the mis-selling of payment protection insurance (PPI) as long ago as 2005 but was hampered from reacting adequately due to flaws in its regulatory approach, Martin Wheatley has admitted.

clock 17 October 2012 •

Adviser tips

Six tips to meet the UCIS advice rules

UCIS ADVICE

clock 17 October 2012 •

Investing in the profession

FPSB names Horner board chairman

The Financial Planning Standards Board (FPSB) has named Barry Horner as its board chairman of the FPSB council for 2014.

clock 17 October 2012 •

Wrap/platforms

Provider dismisses commission 'grab' concerns

Concerns about advisers piling into commission-paying products ahead of the Retail Distribution Review (RDR) have proven unfounded, according to the experience of one provider.

clock 17 October 2012 •
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