uk advisers falsely claiming independence
An early Financial Conduct Authority review into the adjustment to the RDR shows some advisers continue to describe themselves as independent yet are choosing products from a limited number of providers.
FCA
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FCA brings UK in line with EU
The FCA has introduced two legal forms of collective investment schemes as part of its policy statement on the AIFMD, bringing the UK in line with the rest of the EU.
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fca reveals details of Ucis marketing ban
Enterprise investment schemes, venture capital trusts and ETFs are among the fund structures exempt from the Financial Conduct Authority's ban on the marketing of Unregulated Collective Investment Schemes (Ucis) to retail investors, much to the relief of industry experts.
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financial conduct authority to launch review into
The Financial Conduct Authority is to launch a review later this year into instances where advisers are trying to circumvent the recently implemented Retail Distribution Review legislation.
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uk advisers face 13 fee hike
Intermediaries in the UK face paying around 13% more in fees to the newly created Financial Conduct Authority.