Tax & Regulation
US regulator fines 12 firms for regulatory breaches
It has now charged 42 companies for failing to meet client reporting obligations
What do advisers want from the FCA consumer duty reform?
Industry supportive of move but implementation timeline is ‘challenging’
‘Creaking’ power of attorney system needs ‘urgent improvement’
As very few Brits understand how it actually works
FCA slammed over handling of mini-bond compensation
Including criticism of its complaints scheme under which redress ‘will never be available’
Ban unregulated Sipp investments, say advisers
‘It’s important that a few bad apples don’t spoil the bunch’