FCA
FCA chairman calls for post-RDR
The chairman of the Financial Conduct Authority (FCA) has praised the Retail Distribution Review (RDR) but said the regulator must be open and transparent for the review to fully meet its objectives.
United Kingdom | 17 Nov 14
Chase de Vere fined 560k for Keydata sale failings
Chase de Vere Independent Financial Advisers has been hit with a fine of £560,000 over the sale of Keydata products.
Good value products needed for small
Income drawdown is “unlikely to be suitable” for pensions under £50,000 in the current market, the Financial Conduct Authority’s (FCA) director of policy has said.
Banks given record fines for FX failings
The Financial Conduct Authority (FCA) has imposed its largest ever fine on five banks for their “unacceptable behaviour” in failing to manage risks in G10 spot foreign exchange trading (FX).
United Kingdom | 11 Nov 14
IFA jailed for stealing 200k from clients
A former financial adviser has been jailed for two years after “callously” conning clients out of almost £200,000