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Regulation

Regulation

FCA consults on MiFID II independent advice criteria

The Financial Conduct Authority (FCA) has asked UK financial advisers if they think the criteria they must meet to call themselves independent is out of sync with Europe-wide definitions.

clock 26 March 2015 •

Regulation

FCA to increase adviser fees by 10% to £75m

The Financial Conduct Authority (FCA) is proposing to raise £74.9m from financial advisers for the coming year, representing an upswing of 10.2%.

clock 26 March 2015 •

Regulation

Advisers could be forced to record client calls

The Financial Conduct Authority (FCA) could be required under Europe-wide rules to force all financial advisers to record client telephone calls to prove they are acting in clients' best interests.

clock 26 March 2015 • 2 min read

Regulation

Advisers could benefit as MAS money budget set to be cut

The Money Advice Service (MAS) is set to redistribute funding from its 'money advice' proposition to its 'debt advice' offering, meaning advisers' contributions to the body could be cut.

clock 24 March 2015 •

Regulation

FCA to probe retirement advice suitability after pension reforms

The Financial Conduct Authority (FCA) is to review the suitability of retirement advice following the pension ‘freedoms' set to be introduced next month.

clock 24 March 2015 •

Regulation

FCA guilty of 'dereliction of duty' in media blunder

The Financial Conduct Authority (FCA) is set to be heavily criticised over its decision to leak details of an upcoming insurance probe to a national newspaper, inadvertently causing shares in several major life companies to plummet, according to reports....

clock 23 March 2015 •

Regulation

Review demands MAS slashes budget and listens more to levy payers

The Money Advice Service (MAS) will have its budget slashed and must be made more accountable to those regulated firms who pay for it, an independent report has said following complaints from levy payers.

clock 20 March 2015 • 3 min read

Regulation

FCA fines Harlequin IFA directors over SIPP suitability failings

Two ex-directors of failed adviser TailorMade Independent (TMI) - the main distributor of £400m troubled unregulated property scheme Harlequin - have been banned and fined by the regulator for not assessing the suitability of clients' investments made...

clock 20 March 2015 • 3 min read

Regulation

Keep it simple: Compliant social media strategies explained

Keep it simple: Compliant social media strategies explained

clock 19 March 2015 • 5 min read

Regulation

FSCS hits pension advisers with £20m interim levy

The Financial Service Compensation Scheme has slapped a £20m interim levy on life and pensions intermediaries as it deals with "bad" self-invested personal pension (SIPP) advice.

clock 19 March 2015 •
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