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FCA

RDR

Wheatley regrets six-year RDR timespan

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has said the regulator regrets the time it took between the conception of a Retail Distribution Review (RDR) in 2006 and the roll-out of new rules more than six years later....

clock 15 January 2014 •

Investment

Analysts upgrade Hargreaves by 50% ahead of fee announcement

Morgan Stanley has upped its price target on Hargreaves Lansdown by 50% just 24 hours before the platform reveals its new fee structure, after the bank's analysis suggested consumers are prepared to pay more for advice and platforms than previously anticipated....

clock 14 January 2014 •

RDR

Advisers have benefited from RDR - Wheatley

Advisers have generally benefited from the Retail Distribution Review (RDR) as their revenues have increased and they are more professional and better qualified, Financial Conduct Authority (FCA) chief executive Martin Wheatley has said.

clock 14 January 2014 •

Investment

Keydata investors renew calls for Parliamentary inquiry into scheme's collapse

A group of Lifemark-backed Keydata bond investors are renewing their efforts to organise a public inquiry into the collapse of the investment scheme nearly five years ago, by lobbying their MPs to act.

clock 14 January 2014 • 2 min read

Regulation

Ex-Perspective's Craddock among three named on FCA decisions panel

Peter Craddock, a director at the Association of Professional Financial Advisers (APFA), is among three new names on a Financial Conduct Authority (FCA) committee responsible for approving applications and issuing warning notices.

clock 14 January 2014 •

Regulation

FCA 'still struggling' to gauge true effects of advice gap

The Financial Conduct Authority (FCA) is finding it difficult to measure the true effects of the ‘advice gap' but will make it a priority over the coming year, according to chief executive Martin Wheatley.

clock 14 January 2014 •

RDR

No reimbursement for 'overpaid' fees - Wheatley

The Financial Conduct Authority (FCA) will not reimburse advisers for previously 'overpaid' fees if the proposal to cut regulatory costs from next year comes into force, chief executive Martin Wheatley has said.

clock 14 January 2014 •

RDR

More work needed on 'adviser transparency' - FCA chief

The Financial Conduct Authority (FCA) is still concerned about transparency in the advice space, especially in relation to charging and independence, chief executive Martin Wheatley has said.

clock 14 January 2014 •

RDR

Official: Adviser numbers continue to replenish since RDR

Financial adviser numbers are continuing to rise, albeit marginally, since the introduction of new rules following the Retail Distribution Review (RDR), according to the most recent figures from the Financial Conduct Authority (FCA).

clock 13 January 2014 •

Regulation

FCA swings risk assessment spotlight on London advisers

The Financial Conduct Authority (FCA) is gearing up to interview London-based advisers about their risk assessment processes as it works its way across the country.

clock 13 January 2014 •
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