Percival denies FCA-FOS ruling inconsistencies
Financial Conduct Authority (FCA) technical specialist Rory Percival has denied there are "significant" differences in what the regulator thinks is adequate due diligence undertaken by firms and how the ombudsman finds in dispute cases.
Percival (pictured) dismissed an oft-cited accusation that there are differences in adjudications between the FCA and Financial Ombudsman Service (FOS) as "myths" and "not real". However, he acknowledged...
More on Regulation
FCA fines Henderson £1.9m for overcharging clients in 'closet trackers'
More than 4,500 retail investors affected
Nucleus and Phil Young launch SM&CR white paper
Ahead of December deadline
FCA quizzing firms with high DB transfer conversion rates
Advisers should reconsider process
Informed Financial Planning appoints leadership team for SM&CR prep
In preparation for December deadline
SFO arrests Global Forestry Investments ex-director
After failing to turn up to hearing twice
Back to Top
More news
MP who pushed for DB contingent charging ban loses seat
Lost to Labour's Mick Whitley
Play our end of year quiz… It's The Pro Adviser Podcast
Merry Quizmas
Sterling spikes on Conservative majority
Landslide win for Tories
