The Financial Conduct Authority (FCA) has made a number of recommendations changes to the ways firms handle consumer complaints, following a review of 15 financial firms.
The Financial Conduct Authority (FCA) was born in the aftermath of a crisis, so that is all it knows, but it has laid the groundwork for making markets work well again, its chairman John-Griffith Jones is expected to say in a speech on Thursday.
Bank of England policymakers expect inflation to fall below 1% over the next six months, according to the latest quarterly Inflation Report.
The Association of Professional Financial Advisers (APFA) has negotiated new discounts for members which it claims could save smaller firms up to £300 a year in running costs.
Hourly rates charged by advisers have fallen by 14% over the last year, research by adviser search website Unbiased suggests, putting rates in line with those charged before the Retail Distribution Review (RDR).
The framework for an advice profession has been clearly established by the regulator and professional bodies, it is now up to advisers to make the leap, Rory Percival told delegates.
Almost 1.6 million more consumers contacted the Money Advice Service (MAS) in the last three months than in the same period last year, latest figures show.
All seven products providers featured on Sesame's ‘focussed' restricted advice panel have denied breaching the regulator's rules on inducements, after the network was fined £1.6m last week for selling the coveted spots to the highest bidders.
Sesame, the UK's largest network of financial advisers, has been fined £1.6m by the Financial Conduct Authority (FCA) for setting up a pay-to-play scheme that "undermined the ban on commission payments brought in by the Retail Distribution Review (RDR)"....
The Financial Conduct Authority (FCA) has launched an Innovation Hub, part of Project Innovate, which now open and offering support to ‘innovators' in the financial services industry.