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
FCA
-
-
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
-
UK IFA firm fails
With the FSCS receiving claims in regard to the British Steel Pension Scheme
-
Retail investment advice revenues increase by 3%
As firms pay £166m in professional indemnity premiums
-
FCA halts plans for simplified advice following ‘limited’ industry support
As regulator pushes on with review into advice/guidance boundary
-
FCA wins civil case against care home investment scheme
Victims invested around £57m
-
Advisers expect a drop in profitability due to Consumer Duty
Outsourcing ‘elements of the value chain can ease the heavy lifting’
-
Duo jailed for six years over £500,000 cryptocurrency scam
As the FCA secures confiscation order against convicted investment adviser
-
7.4 million Brits unable to contact financial services providers
As only 36% of UK adults believe most firms are honest and transparent in the way they treat them
-
UK financial watchdog cancels regulatory permissions of digital bank
After the FCA found the firm ‘appeared to have provided investment products or services’ without authorisation to do so
-
32% of IFAs expect client fees to increase with Consumer Duty
As one-in-seven still feel unclear about advising clients on good customer outcomes