The FCA has provided more details of what its ‘simplified advice’ or financial guidance proposals may look like if implemented.
Read more ...FCA gives investment companies disclosure boost
- Friday, 01 December 2023
- Articles
The FCA has published details of temporary measures which will give investment companies a chance to improve cost disclosure.
Read more ...FCA 'polluter pays' proposals cautiously welcomed by Planners
- Wednesday, 29 November 2023
- Articles
The FCA’s plans to make investment advisers set aside funds in advance to compensate investors if bad advice is given have been cautiously welcomed by Financial Planners.
Read more ...Advisers to set aside funds for 'bad advice' costs - FCA
- Wednesday, 29 November 2023
- Articles
The FCA has today published proposals to compel investment advisers to set aside funds in advance to compensate investors if bad advice is given.
Read more ...PFS welcomes Chancellor’s scrapping of PRIIPS
- Friday, 24 November 2023
- Articles
The Personal Finance Society has welcomed confirmation from Chancellor Jeremy Hunt that the EU’s Packaged Retail and Insurance-based Investment Products (PRIIPS) regime will be replaced with a new UK-focused regime.
Read more ...FCA proposes splitting fee blocks as fee freeze ends
- Wednesday, 22 November 2023
- Articles
The Financial Conduct Authority has released plans to split its fee-blocks for principal firms.
Read more ...Adviser cancelled for failing to submit returns
- Friday, 17 November 2023
- Articles
Bath-based investment adviser firm Ian Slinger (FRN: 723069) has had its Part 4A permissions to carry out regulated business removed by the FCA due to non submission of required returns.
Read more ...FCA secures Restraint Order against WealthTek
- Thursday, 16 November 2023
- Articles
The FCA has secured a Restraint Order under the Proceeds of Crime Act 2002 against collapsed Newcastle-based wealth manager WealthTek as a criminal and regulatory investigation continues.
Read more ...Third of advisers adjust fees post Consumer Duty
- Friday, 10 November 2023
- Articles
More than a third (37%) of financial advice firms have changed their fee structure as a result of completing the FCA’s Consumer Duty fair value exercise.
Read more ...FCA tells wealth managers to justify fees
- Thursday, 09 November 2023
- Articles
The Financial Conduct Authority has called on wealth managers to justify high fees and prove value for money in a 'Dear CEO' letter.
Read more ...