The Financial Conduct Authority (FCA) will restrict firms from distributing contingent convertible securities (CoCos) to the mass retail market from 1 October 2014, in the first use of new consumer protection powers.
All UK commercial property should be classed as a non-standard asset in a self-invested personal pension (SIPP) due to the uncertainty that exists around transfers, according to Suffolk Life.
The Financial Conduct Authority (FCA) has added UK commercial property as a 'standard asset' eligible to be held within self-invested personal pensions (SIPPs), as it confirmed operators will have to hold a minimum of £20,000 under finalised capital adequacy...
Should we replace IMA sectors altogether?
A Blackrock executive has left the group after being found to have avoided £43,000 in train fares over the past five years.
The former boss of failed investment firm Keydata is suing the regulator for £371m, accusing it of a "politically motivated" abuse of power.
The Financial Conduct Authority (FCA) has promoted its former head of savings, investments and distribution policy, David Geale, to director of policy.
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have proposed new rules that would seek to change how bankers behave and are paid.
Discretionary fund managers (DFMs) are facing growing pressures to standardise managed portfolio fees as the Financial Conduct Authority (FCA) considers warning advisers against using any service where costs are not clear.