FCA publishes new asset management rules

The FCA has published new rules and guidance aimed at improving the quality of the information available to consumers about the funds they invest in.

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FCA warns MIFID II firms to brace for ‘no-deal’ Brexit change

The Financial Conduct Authority has warned that firms subject to MIFID II reporting rules should begin preparing now for the consequences of a ‘no-deal’ Brexit as the prospect of EU withdrawal without agreement becomes more likely.

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£236m mini-bond firm goes into administration hitting 14,000

Administrators have been appointed at mini-bond and ISA firm London Capital & Finance (LCF), which has 14,000 bondholders with holdings totalling £236m.

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Aegon director blasts ‘unfair’ £175m FSCS levy

A director at Aegon has blasted today’s revelation that advisers will have to pay £175m in levy payments to the FSCS as “unfair”.

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