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News

Regulation

FCA to speed up consumer redress

Consumers who have suffered financial harm will be compensated quicker through the Financial Conduct Authority's (FCA's) enforcement process.

clock 16 October 2012 •

Regulation

FCA: we will go further than FSA on product suitability

The Financial Conduct Authority (FCA) will likely "go further" than the Financial Services Authority (FSA) in challenging providers on their products' target markets and charges.

clock 16 October 2012 •

Economics / Markets

UK inflation falls to three year low

The UK's main inflation rate has fallen to 2.2% in September from 2.5% in August, dropping to its lowest level for three years.

clock 16 October 2012 •

Investment

Fund managers to be 'named and shamed' by companies

Fund managers will be scored and ranked by companies they own, under new plans to improve investor engagement.

clock 16 October 2012 •

Regulation

PRA will not operate 'zero-failure' regime for insurers

An incoming regulatory body responsible for insurance companies will allow firms to collapse under a new approach.

clock 16 October 2012 •

Regulation

Govt to revisit FCA's warning notice powers

The disclosure of warning notices is a key part of the government's vision for the Financial Conduct Authority (FCA) but the power will be scrapped if used inappropriately, the House of Lords heard.

clock 16 October 2012 •

Regulation

FCA to outline product banning powers

The head of the incoming Financial Conduct Authority (FCA) is set to outline how the new regulator will seek to restrict potentially harmful products from coming to market.

clock 16 October 2012 •

Regulation

Regulator may limit bankers' pay in new approach

The incoming Prudential Regulation Authority (PRA) may impose restrictions on what staff at banks and investment firms can earn if the levels of remuneration pose a threat to the business's health.

clock 16 October 2012 •

Your profession

Former L&G chief Breedon joins Barclays board

Former Legal & General chief executive Tim Breedon is set to join the board of Barclays as a non-executive director.

clock 15 October 2012 •

Investment

Altmann: RPI change politically motivated

Saga director general Ros Altmann has said the maths behind the Retail Prices Index (PRI) is not wrong and the Office for National Statistics' (ONS) proposal to change it is solely about the government reducing costs.

clock 15 October 2012 •
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