FCA

Regulatory enforcement is not just about increasing the size and frequency of fines, but about the industry forcing better behaviours by shunning wrongdoers, Financial Conduct Authority (FCA) enforcement director Tracey McDermott has said.

Regulatory applications and notifications just got simpler...

Advisers respond to FCA call for 'short' suitability letters

Consumers should pay a share of the cost of the guidance guarantee, or they will fail to value the service, an adviser has argued.

The Financial Conduct Authority (FCA) is to look into the non-advised sale of income drawdown products amid concerns consumers could be left vulnerable in the new pensions environment.

The Association of Professional Financial Advisers (APFA) has welcomed new proposals to fund the guidance guarantee set out by the regulator today, saying it could save the advice industry £2m-£4m a year.

The Financial Conduct Authority (FCA) plans to cut the adviser guidance guarantee levy by 50% and has announced tougher standards on the bodies tasked with delivering guidance to the public.

'The RDR is only partially working': The world according to the IFP chief

The number of financial advisers has risen slightly in the post-Retail Distribution Review (RDR) years, though has dipped since January, new figures have shown.

Some wealth managers are unclear and inconsistent in their communication with clients regarding in-house fund ranges, a Financial Conduct Authority (FCA) review has found.