United Kingdom
United Kingdom | 5 May 17
FCA knuckles rapped over complaints handling procedure
The UK’s Financial Conduct Authority (FCA) has been criticised by the Complaints Commissioner for parts of its handling of a complaint by a former company chair, and told to review its processes.
Tax & Regulation | 4 May 17
IoM regulator to publish members’ conflicts of interest
The Isle of Man Financial Services Authority will publish a register of its members’ possible conflicts of interest and draw up a code of conduct on the disclosure and management of its members’ interests.
Best Practice | 4 May 17
UK Best Practice Adviser Award winners revealed
The first set of winners in International Adviser’s Best Practice Adviser Awards 2017 series were revealed on 3 May at the Waldorf London.
EEA ‘death bond’ investors receive $54.5m payout
Investors in the ill-fated EEA Life Settlements Fund will receive a $54.5m (£42.1m, €49.9m) payout for their shares in the so-called ‘death bonds’.
Best Practice | 3 May 17
Adviser defends CII qualifications against criticism
A UK adviser has defended international qualifications from the Chartered Insurance Institute (CII) against claims that they are of “no use to anyone” providing financial planning in overseas jurisdictions.