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FCA

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 •

Investment

FCA considers full ban of DFM rebates

The Financial Conduct Authority (FCA) is seeking feedback on a possible ban on rebates from discretionary fund managers to clients as it develops its response to forthcoming MiFID II legislation.

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

Appeal Court ruling raises fresh questions over Harlequin advice

A Court of Appeal ruling about what constitutes a collective investment scheme has raised questions about the status of Harlequin that could cast further doubt on its suitability for retail investors.

clock 26 March 2015 •

Regulation

FCA confirms annuity 'ranking' plans as pensions dashboard moves step closer

The Financial Conduct Authority (FCA) has made it a requirement for firms to rank their annuity products against their peers and simplify the information they give to consumers in the form of wake-up packs.

clock 26 March 2015 •

Investment

How your peers invest clients' money: Finesco Financial

How Glasgow-based Finesco Financial invests clients' money

clock 25 March 2015 •

Regulation

FOS bows to pressure to cut budget by 11%

The Financial Ombudsman Service (FOS) has listened to industry complaints about the burden of regulatory cost and cut its budget by 11% for the coming year.

clock 25 March 2015 •

Long Term Care

FCA 'miscalculated' care costs in business plan - LEBC Group

The Financial Conduct Authority's (FCA) business plan has failed to calculate the Dilnot cap on long-term care costs correctly, according to LEBC Group divisional director Kay Ingram.

clock 25 March 2015 •

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 •
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