UK investors saved £70m thanks to Mifid II
As asset managers use own revenue to fund research
FCA
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Retail financial services not fully prepared for Brexit, says FCA
But PFS boss warns regulator’s comments show some EU countries could cause problems for UK-based insurers
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Maltese financial services firms face potential fee hike
As regulator looks to reduce its dependence on government funding
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UK financial crime hits ‘epidemic proportions’
But FCA chair says regulator cannot step in to deal with it all
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Financial services firms in Malta to be put on notice
As regulator looks to mimic the UK’s financial crime agency
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Ex Barclays Wealth COO dodges ban over misconduct
But UK regulator issued a public notice regarding his actions
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Firm linked to London Capital & Finance has collapsed
It raised almost £8m by selling mini-bonds to hundreds of investors
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Collapsed wealth firm charged investors 20% fees
And pushed advisers to promote its portfolios to DB pension transfer and Sipp clients
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Five million Brits at risk of succumbing to a pension scam
Research shows a ‘worryingly large number of people’ could fall victim to common fraudster tactics
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Concerns over number of dedicated FCA pension scam staff
Select committee questions whether it has ‘sufficient resource’ to combat fraud
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Diversity push cannot be top down, says FCA
Financial watchdog hopes to lead by example but other companies need to up their game
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UK to ban contingent charging for pension transfers
Mixed response from industry, with some criticising the move as ‘wrong’