Advisers have reported newspaper adverts for Ivan Massow's commission rebate business as misleading to the Financial Services Authority (FSA).
The Financial Services Authority (FSA) is proposing to change the way it shares surplus proceeds from enforcement fines so innocent firms in heavily-levied fee blocks reap more.
The FSA is proposing to change the way it calculates regulatory fees to replace the existing headcount of approved persons with an income measure from 2013/14.
Capita Financial Managers has today sent a further letter to investors who lost money in the Arch Cru fund range to set out their individual entitlements under a £54m payment scheme.
A ban on fund manager rebates to SIPPs would make sense if a similar ban is applied to platforms, SIPP providers have said.
The UK regulator has vowed to fight on for a full commission ban, but Europe is drafting rules based on the preferences of most member states..
Gary Potter, co-head of Thames River Capital, explains how outsourcing to a multi-manager can boost your business' profitability
Thousands of Arch Cru investors have written to their MPs today accusing Capita of intentionally violating the Financial Services Authority's treating customers fairly (TCF) charter.
High street banks are in the sights of the FSA over concerns fee-based current accounts costing up to £300 a year are being mis-sold to millions of customers.