FCA
Tax & Regulation | 20 Jan 17
97% drop in FCA fines not a return to light touch regulation
The more than 97% decrease in fines levied by the UK regulator against financial institutions does not signal a return to light touch regulation, says Mark Steward, director of enforcement and market oversight at the Financial Conduct Authority (FCA).
Tax & Regulation | 18 Jan 17
FCA punishes IFA firm for pension transfer failures
Bank House Investment Management, the personal wealth division of the UK-based Bank House group, has been barred from carrying out business such as advising on investments after an investigation by the regulator into its pension transfer business.
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.
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.
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.