UK Adviser
Tax & Regulation | 13 Aug 15
FCA publishes conduct rules for overseas banks and Solvency II firms
The FCA has published rules on how it will apply its accountability regime – aimed at improving professional banking standards – to overseas banks and Solvency II firms operating in the UK.
Axa Wealth adds AllianceBernstein funds to wrap platform
Axa Wealth has added 11 AllianceBernstein funds to its wrap platform following this year’s pension reforms, their first offering to the UK retail investment market.
People Moves | 12 Aug 15
Royal London appoints former UK pensions minister Steve Webb
Life and pensions company Royal London has appointed former UK pensions minister Steve Webb as its director of policy and external communications.
Tax & Regulation | 11 Aug 15
FCA rules out MiFID II face-to-face client recording requirement
Advisers will not be required to tape face-to-face meetings with clients when the Markets in Financial Directive II (MiFID II) is introduced in January 2017, the Financial Conduct Authority has confirmed.
Most IFAs tweak business models ahead of ‘sunset’ deadline
The majority of UK-based advisory firms receive most of their recurring revenue from fees, a sure sign that many have made significant changes to their business models in the run up to next year’s ‘sunset’ deadline.