FCA enforcement investigation proposal is ‘radical departure’ from norm, warns AIMA
In response to FCA’s proposal to release enforcement investigation information before a decision is made
In response to FCA’s proposal to release enforcement investigation information before a decision is made
Investment Association, UK Finance, PIMFA among others to sign letter to Jeremy Hunt against proposal
Some firms were hoping for a longer transition period, commentators say
The regulator has made adjustments to requirements for portfolio management services following industry feedback
RGL Management are preparing a second claim against the platform
A continuation of the upward trend evident for two decades
TTF challenges regulator’s claim its Weif enforcement action will raise industry standards among ACDs
Also found Link Fund Solutions failed to act with due skill, care and diligence in its management of the Woodford Equity Income Fund
‘Bundling’ of payments for third-party research could level the playing field for smaller asset managers
41% of complaints against financial advisers in 2022/23 were upheld
Must move away from a product-specific focus
£400m higher than previous year