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FCA

UK directories urge FCA to reveal if advisers are independent

Best Practice | 6 Jan 17

UK directories urge FCA to reveal if advisers are independent

UK adviser directories Unbiased and VouchedFor have urged the Financial Conduct Authority (FCA) to publicise whether an adviser is independent or restricted.

A ‘price haircut’ in prospect for funds in 2017

Investment | 23 Dec 16

A ‘price haircut’ in prospect for funds in 2017

Prices on funds are predicted to fall during 2017, in the wake of the UK Financial Conduct Authority’s (FCA) investigation into quasi-active portfolios, says Danny Knight, director of multi-asset at Old Mutual International.

Customers failed by ‘clueless’ robo-advisers

Technology | 16 Dec 16

Customers failed by ‘clueless’ robo-advisers

Robo-advice firms “do not have a clue” how to communicate well with clients according to research published on Friday calling for the Financial Conduct Authority (FCA) to enforce vigorous rules in the industry.

UK to make ‘polluters’ pay in FSCS levy shake-up

Tax & Regulation | 14 Dec 16

UK to make ‘polluters’ pay in FSCS levy shake-up

The UK regulator has proposed changing the financial compensation scheme to make riskier, so-called ‘polluter’ firms pay higher levies.

FCA fines down more than 97% in 2016

Tax & Regulation | 12 Dec 16

FCA fines down more than 97% in 2016

The UK’s Financial Conduct Authority (FCA) netted £22.2m ($27.9m, €26.4m) in fines against 23 financial institutions during 2016, a more than 97% drop from last year, reports the Guardian.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.