Regulation

The Financial Conduct Authority (FCA) has clarified its aims on how it will tackle consumer detriment following reports of an investigation into historic life policies.

Advisers will find it difficult to develop much-needed cheaper advice models until the Financial Conduct Authority (FCA) lowers its costs, the Association of Professional Financial Advisers (APFA) has said.

The Financial Conduct Authority (FCA) is to investigate about 30 million insurance company policies over concerns that customers are subject to "unfair" conditions.

Lloyds Banking Group has been accused of using a regulatory loophole to cut the amount of compensation it pays to customers mis-sold payment protection insurance (PPI), a BBC investigation has claimed.

The government has confirmed it will be "taking forward" almost all of the recommendations made by the Office of Tax Simplification (OTS) addressing the taxation of employee benefits and expenses.

A thematic review by the Financial Conduct Authority (FCA) has found most advisory firms describing their service as ‘independent' appeared to use the description accurately.

The insuring of items in orbit will be exempt from tax.

UK spending on welfare is to be capped at £119.5bn for 2015-2016, Chancellor George Osborne has announced.

The mortgage industry should expect compensation claims from customers who were not offered financial support mechanisms when taking out their loans, claims management firms have said.

Providers purchasing tables at awards ceremonies and inviting advisers to sit on them will likely not be in breach of the Financial Conduct Authority's (FCA's) requirements on inducements, it has confirmed.