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Regulation

Tax Planning

HMRC pockets £32m from tax avoidance scheme users

HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

clock 14 December 2014 •

Regulation

FCA tweaks existing complaints time limit rules as long-stop project resumes

The Financial Conduct Authority (FCA) has said a project considering the re-introduction of a 'long-stop' on advice complaints being referred to the ombudsman will continue despite initial concerns it could be incompatible with European legislation.

clock 12 December 2014 •

Income

Just Retirement calls for decumulation 'clean break' to ensure annuity competition

Pension providers should ensure all retirees use the open market to buy an annuity at the point of decumulation to ensure they get the most out of their savings, Just Retirement has said.

clock 12 December 2014 •

Regulation

Eight changes the FCA has made in response to the Davis report

The Financial Conduct Authority (FCA) said it has overhauled its systems and processes after it was found to have been "seriously inadequate" in its response to a media blunder earlier this year.

clock 10 December 2014 •

Regulation

Cost of report into FCA media error approaches £4m

The total costs of an independent report into the Financial Conduct Authority's strategy to brief a national newspaper on one of its high-profile regulatory projects are approaching £4m.

clock 10 December 2014 •

Regulation

FCA apologises for 'seriously inadequate' behaviour found in Davis review

The Financial Conduct Authority (FCA) has apologised for the shortcomings in its handling of a media briefing ahead of the publication of its latest business plan, saying it accepted the criticisms and would implement changes to "sharpen its focus".

clock 10 December 2014 •

Regulation

FCA media blunder: Staff warned regulator not to brief journalist

A strategy by the Financial Conduct Authority (FCA) to leak details of one of its upcoming projects to a national newspaper - a decision which sparked huge falls in the share prices of several major life companies - was "high risk" and inadequate, according...

clock 10 December 2014 •

Regulation

'Could do better': An RDR end of year two report card

An end of year two report card

clock 10 December 2014 •

Regulation

Sharpened FCA structure will root out poor practice more efficiently - Bovill

Small firms engaging in poor practice stand a better chance of getting caught by the Financial Conduct Authority (FCA) under the new regulatory framework as the regulator has shifted its focus on its thematic work, according to a consultancy.

clock 10 December 2014 •

Regulation

Great expectations: Assessing the FCA's personal recommendations paper

Great expectations: Assessing the FCA's personal recommendations paper

clock 09 December 2014 •
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