Staff have been quitting the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) at nearly twice the rate seen prior to the move to split the regulator into two bodies, according to reports.
The Financial Conduct Authority (FCA) is likely to be more ‘intrusive' than its predecessor on the policing of firms' financial promotions and has so far intervened more than 200 times on the issue, according to a consultancy.
Advisers who use a single investment platform for all their business can still be independent and the regulator's stance on the issue has not changed, according to the Financial Conduct Authority (FCA).
It is unlikely clients would understand the label 'restricted whole of market' so advisers should avoid the term, Rory Percival has said.
The Financial Conduct Authority (FCA) will be tougher than its predecessor but its more open approach has improved its standing in the industry, Keith Richards has said.
The Financial Conduct Authority (FCA) has written to banks urging them to speed up their review of how interest rate hedging products were sold.
The High Court has given the go ahead to around 550 investors to pursue Capita over losses they incurred when Arch Cru collapsed.
Half the companies in the FTSE 100 could be affected by new rules designed to protect minority investors.
Research and consultancy firm AdviserAsset has launched an online comparison tool which provides advisers with a breakdown of a platform's share class options.