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Regulation

Regulation

FCA makes recommendations on consumer complaints

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.

clock 17 November 2014 •

Regulation

The FCA is a child of crisis, says chairman

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.

clock 13 November 2014 •

Regulation

BoE set to hold off on hikes as it predicts sub-1% inflation

Bank of England policymakers expect inflation to fall below 1% over the next six months, according to the latest quarterly Inflation Report.

clock 13 November 2014 •

Regulation

APFA claims new discounts will save small members £300 annually

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.

clock 12 November 2014 •

Regulation

Unbiased: Hourly advice fees drop 14% to pre-RDR levels

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).

clock 10 November 2014 •

Regulation

FCA: Switch from industry to profession now rests with advisers

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.

clock 07 November 2014 •

Regulation

MAS consumer contact up 40% year on year

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.

clock 06 November 2014 •

Regulation

Sesame restricted panel providers all deny breaching FCA inducement rules

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.

clock 06 November 2014 • 4 min read

Regulation

FCA fines Sesame £1.6m for 'pay-to-play' arrangements

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)"....

clock 30 October 2014 • 2 min read

Regulation

FCA launches support for industry 'innovators'

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.

clock 28 October 2014 •
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