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FCA

Regulation

FOS warns firms to ditch 'rigid' rules when dealing with vulnerable clients

The Financial Ombudsman Service (FOS) has warned it will demand compensation awards from businesses for non-financial errors if they are deemed to have failed vulnerable clients by "rigidly applying rules".

clock 18 August 2015 •

Regulation

Govt and FCA launch major review of financial advice market

A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).

clock 03 August 2015 •

Whole of Life

Whole of Life: In danger of falling behind the times?

Susan Stevenson says the needs of over-50s life insurance customers are changing - but how will the market respond?

clock 28 July 2015 • 7 min read

Regulation

'Outraged' IFA petitions FCA for independent review of adviser regulation

A petition is demanding soon-to-be acting head of the Financial Conduct Authority (FCA) Tracey McDermott enact an independent review of advice firm regulation, after an IFA was forced to pay a 320% increase in his Financial Services Compensation Scheme...

clock 27 July 2015 •

Regulation

FCA splits advice from guidance in new complaints rules

The Financial Conduct Authority (FCA) has for the first time distinguished between advice and guidance in the way it records complaints, in new rules out today.

clock 23 July 2015 •

Regulation

FCA calls for changes to consumer communications

The Financial Conduct Authority (FCA) has called on firms, consumer groups and stakeholders to give consumers information in smarter and more effective ways.

clock 25 June 2015 •

Income Protection

Extra costs for disabled people in areas including insurance - Scope

Disabled people report extra costs in areas including insurance, transport and energy bills yet improved competition and communication could help drive down these costs, a major report has found.

clock 23 June 2015 •

Regulation

FCA hits Lloyds with record £117m fine over PPI

State-owned Lloyds Banking Group has been hit with a £117m fine by the Financial Conduct Authority (FCA), the "largest retail fine" it has ever issued.

clock 05 June 2015 •

Adviser / Broking

APFA calls for 'common sense' approach to MiFID II

The Association of Professional Financial Advisers has called for the Financial Conduct Authority (FCA) to take a ‘common sense' approach to telephone recording.

clock 28 May 2015 •

Regulation

FCA misses voluntary customer service targets after enquiries hike

The Financial Conduct Authority (FCA) helpline has failed to achieve its voluntary targets for servicing enquiries from firms after being hit by increased demand for help with consumer credit and AIFMD.

clock 21 May 2015 •
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