Regulation

The Financial Conduct Authority (FCA) is likely to delay its consultation on incoming MiFID II conduct rules for advisers, as it wants to determine the impact of its own advice review first, its markets policy manager has said.

The Financial Conduct Authority (FCA) has sent out 4,600 letters to firms asking them how much it would cost them to implement European legislation the Markets in Financial Instruments Directive (MiFID II).

Adviser network Sesame posted a loss of £10.3m in the year before it pulled the plug on its investment adviser arm - £20m less than the previous year, latest accounts show.

The Association of Professional Financial Advisers (APFA) has called on the regulator to cut its handbook on adviser disclosure by a third, saying too many rules lead to lengthy suitability reports that confuse consumers.

Carbon credit adviser Archer Bramley has been named as one of 28 investment and pensions firms declared in default by the Financial Services Compensation Scheme (FSCS) between May and August.

Five things the Financial Advice Market Review could change

Industry stalwart Nick Poyntz-Wright has left his role as director of life insurance and financial advice at the regulator, following a high-level reshuffle of the Financial Conduct Authority's (FCA) top people.

The Financial Ombudsman Service (FOS) has reminded firms of its power to order compensation where it deems a business has misused a client's personal information.

Former head of the predecessor to the Association of Professional Financial Advisers, Chris Cummings, has joined the Financial Conduct Authority's (FCA) regulatory decision making committee.

The FCA, remuneration and incentives