FCA
Tax & Regulation | 25 Oct 16
Arck directors banned by the FCA over £50m fraud
Two UK company directors, who were convicted for giving clients bad advice to invest in fraudulent property investment scheme Arck LLP, have now been banned by the Financial Conduct Authority (FCA).
Best Practice | 7 Oct 16
Over 75% of UK advisers back ‘polluter pays’ FSCS levy
More than three quarters of advisers in the UK support the introduction of a risk-based Financial Services Compensation Scheme (FSCS) levy, according to a new survey from platform provider AJ Bell.
Tax & Regulation | 5 Oct 16
UK asset managers will have to reveal costs to pension schemes
The UK’s Financial Conduct Authority (FCA) has unveiled new rules that will force asset managers to disclose the transactions costs they charge pension schemes when investing in their funds.
FCA fines Aviva £8.2m over wrap platform failings
Aviva has been fined £8.2m ($10.4m, €9.3m) by the Financial Conduct Authority (FCA) for failing to monitor outsourced client assets on its wrap platform.
Tax & Regulation | 29 Sep 16
UK advisers must record calls under new FCA Mifid II rules
Financial advisers in the UK may be required to record phone calls to clients under the Financial Conduct Authority’s (FCA) proposals regarding Mifid II, which also looks at extending the RDR commission ban for portfolio managers.