News by: Michelle Abrego
The Financial Conduct Authority (FCA) needs to clarify recent rules requiring advisers to check platforms are not biased in promoting certain products, according to consultant Mark Polson.
The Chartered Insurance Institute is targeting teachers in an effort to encourage pupils to choose a career in financial services.
Key Retirement Solutions’ parent company Cabot Square Capital has sold its majority stake in the retirement specialist to Phoenix Equity Partners for £35 million.
Providers are still misinterpreting adviser charging rules six months after the retail distribution review (RDR) came into effect, according to David Ingram, director of consultancy Aim Two Three.
MPs have outlined recommendations to curb bankers bonuses, make reckless misconduct in bank management a criminal offence and reinforce regulatory powers in its report on banking standards.
The Financial Services Compensation Scheme has lost an appeal against a landmark verdict over its payout to a victim of bad advice from Berkeley Independent Advisers.
Yorkshire-based Lifetime Financial Management has put its local charity efforts into full swing by sponsoring a golf day to raise money for the Barnsley Hospice.
Providers will misinterpret marketing allowance rules until the Financial Conduct Authority (FCA) clarifies what is allowed, according to Prudential. Michelle Abrego reports.
Auto-enrolment may have got off to a flying start with low opt-out rates for large employers, but the government and pensions industry still has a lot of work to do if this early success is to be repeated with small firms, providers have warned.
London-based IFA Hannah Foxley is publishing a book to help women who are going through a divorce to gain control of their finances.
The Financial Conduct Authority has appointed IFA Amanda Davidson chair of its remuneration committee.
MP George Galloway has tabled an early day motion (EDM) condemning the failure of Capita Financial Managers and Financial Conduct Authority to compensate Arch Cru investors fully.
Former Bradford & Bingley finance director Chris Willford is facing a £100,000 fine from the Financial Conduct Authority after losing a Court of Appeal case against the decision of the regulator's Regulatory Decisions Committtee.
The Institute of Financial Planning is looking for a new independent director following the departure of Richard Antrum who acted as the body’s consumer champion.
Aegon became the latest in an increasingly long line of providers selling off advice arms when it announced it was in talks with Intrinsic over a sale of PosSol. Click through to see the providers who have tried to off-load their advice businesses in the last few years.
The Financial Services Compensation Scheme has declared 13 financial advice firms in default.
The Financial Services Compensation Scheme (FSCS) has paid out £550,000 to date to investors over the collapse of Honister Capital.
Towry chief executive Andrew Fisher has hit out at providers, such as Aviva, over planned direct-to-consumer offerings which would target its back book of clients.
Aviva is looking at developing an online direct-to-consumer proposition to tap into its back book of clients.
Advisers and compliance experts have highlighted gaps in the FCA’s clampdown on Ucis sales and warn the door is still open to mis-selling.