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Regulation

Regulation

FSA's Bailey tells MPs of 'culture of gaming' at Barclays

Senior FSA executive Andrew Bailey has accused Barclays of operating with a "culture of gaming" which came from top of the bank.

clock 17 July 2012 •

Regulation

FSA bans Carlisle firm for outstanding fees

The Financial Services Authority )FSA) has banned Quintillion Asset Management from conducting regulated business, after failing to pay fees and levies of over £8,000.

clock 17 July 2012 •

Regulation

HSBC used for Mexican drug money, says report

Inadequate controls at HSBC allowed it to be used to launder suspicious money from around the world, including Mexican drug money, a damning US report has found.

clock 17 July 2012 •

Regulation

AIFA urges Osborne to rethink fines grab

The Association of Independent Financial Advisers (AIFA) is urging the Chancellor to reconsider plans to direct regulatory fines to government coffers.

clock 17 July 2012 •

Regulation

Peers call on regulator to minimise FSCS costs

Two Labour peers have introduced an amendment to the Financial Services Bill seeking to minimise Financial services Compensation Scheme (FSCS) costs borne by levy-payers.

clock 17 July 2012 •

RDR

Touchstone: Just 15% of IFAs are ready for RDR

Just 15% of financial advisers are ready for the Retail Distribution Review (RDR), according to research released today.

clock 16 July 2012 •

Investing in the profession

Financial advice can boost retirement income by £232 a month

Financial advice could boost retirement income by as much as £232 a month, according to a report released today.

clock 16 July 2012 •

RDR

Tax-wrapped investments to fall post-RDR

Advisers expect to write less tax-wrapped business in 2013, according to research.

clock 16 July 2012 •

RDR

Aegon releases details of post-RDR commission pipeline

Aegon has released details of its post-RDR commission pipeline for products on which the advice process is fully completed by 30 December.

clock 16 July 2012 •

Regulation

FSA freezes assets of suspected land bankers

The Financial Services Authority (FSA) has frozen the assets of three companies suspected of running a land banking operation.

clock 13 July 2012 •
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