FCA
United Kingdom | 25 Mar 15
FOS freezes adviser levy and cuts budget
The Financial Ombudsman Service has frozen its compulsory levy which is partially funded by advisers and will cut its budget by 11% over the next tax year.
United Kingdom | 24 Mar 15
Asset managers should expect increased scrutiny
Suitability standards in the asset management industry are set to come under Financial Conduct Authority scrutiny in 2015/16, the regulator said in its business plan for the period.
Retirement | 23 Mar 15
FCA issues warning over surge in scams
The UK’s financial watchdog has warned consumers to look out for a surge in pension scams as next month sees the introduction of full flexibility on retirement pots.
United Kingdom | 23 Mar 15
Govt report set to criticise
The UK’s financial watchdog will face “serious criticism” this week over its announcement of an inquiry which caused stocks to plummet across the insurance market, reports suggest.
United Kingdom | 20 Mar 15
FCA bans two former TMI directors
Two former directors of failed financial advisory firm TailorMade Independent, which advised clients on self-invested personal pension transfers into troubled overseas property company Harlequin, have been banned by the Financial Conduct Authority.