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FCA

Regulation

Advisers' Money Advice Service levy to drop 18%

Financial advisers will contribute £3.7m toward the Money Advice Service (MAS) in 2014-2015, a decrease of almost 18% on the previous year.

clock 31 March 2014 •

Your profession

Five things clients will call you about this week

Our weekly heads-up on articles your clients may have read in the national newspapers

clock 31 March 2014 •

Regulation

Adviser FCA fees down 19% after fee block realignment

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.

clock 31 March 2014 •

Regulation

FCA to review investment advice suitability

The Financial Conduct Authority (FCA) is to review the suitability of investment advice as part of its 2014-2015 supervisory work, and will also consult on the re-introduction of a 15-year long-stop on complaints.

clock 31 March 2014 •

Regulation

FCA ups funding requirement to £446m

The Financial Conduct Authority (FCA) has increased its annual funding requirement (AFR) - the amount it levies fee payers - for 2014-2015.

clock 31 March 2014 •

Regulation

Call for Wheatley resignation after review 'blunder'

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), is facing calls for his resignation after the regulator made an "extraordinary blunder" that hit insurers' share prices, according to reports.

clock 31 March 2014 •

Regulation

FCA may have made 'extraordinary blunder', says Tyrie

The Financial Conduct Authority (FCA) may have made an 'extraordinary blunder' in allowing market sensitive information about its work to reach the public domain ahead of schedule, thereby creating a disorderly market in shares, Treasury Select Committee...

clock 29 March 2014 •

Regulation

Lawyers called in to investigate FCA handling of closed policy probe

The Financial Conduct Authority (FCA) board has called in lawyers to investigate the regulator's handling of the revelation it is to examine the fair treatment of "long standing" customers in life insurance products, a revelation which sparked huge losses...

clock 28 March 2014 •

Regulation

Aviva: FCA closed policies probe to have 'minimal' impact on profits

Aviva has played down the potential impact on its bottom line of a regulatory probe into the closed life insurance policy market.

clock 28 March 2014 •

Regulation

FCA clarifies probe into closed product exit fees, Ts&Cs

The Financial Conduct Authority (FCA) has clarified the scope of its investigation into how customers in 'closed' life company products are being treated, indicating it will not review sales practices or necessarily act on exit fees.

clock 28 March 2014 •
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