One-in-10 advisers planning to quit due to Consumer Duty
More than a third say regulations are harming their mental health
FCA
-
-
UK-based IFA firm enters compulsory liquidation
Lifeboat scheme said it is is open to customer claims against the company
-
UK wealth manager buys London-based IFA firm
Acquired business offers advice predominantly to female high net worth clients
-
FCA to review treatment of politically exposed persons
Regulator will ‘take prompt action if any significant deficiencies are identified in the arrangements of any firm assessed’
-
Financial advice company fails
With the FSCS receiving claims relating to the British Steel Pension Scheme
-
Duo face bans and £1.3m fine over pension transfer advice
They have referred the FCA decision notices to the Upper Tribunal
-
Pension transfer activity falls to lowest level in five years
As FCA updates guidance on how to support vulnerable clients when providing pension transfer advice
-
UK wealth manager hit with regulatory restrictions
They came into effect on 16 August 2023
-
Two UK-based firms fail
With the FSCS receiving claims related to investment and secured bonds
-
Calls for judicial review into FCA as investment trust sector faces extinction
Cost disclosure regulation has been called ‘illegal and irrational’ amid an ’emergency situation’ for investment companies
-
Quilter rolls out client communications guide for advisers
Consumer Duty is clear about how providers should be supporting customers in their decision-making process
-
UK-based financial advice firm fails
Lifeboat scheme has received five claims related to pension transfers and Sipps