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WMA calls on the FCA to reconsider FSCS levy burden

by Elsa Buchanan on Apr 15, 2014 at 14:50

The WMA has called on the FCA to investigate the fact that one third of compensation scheme pays out for firms which never paid in.

FSCS cuts 2014/15 levy by £37m - but ups bill for wealth managers

by David Campbell on Apr 15, 2014 at 07:48

The Financial Services Compensation Scheme has reduced the 2014/15 annual levy by £37 million – except for private client managers and financial advisers

MacKinnon: Regulation, not profitability, motivated Ingenious deal

by Danielle Levy on Apr 14, 2014 at 14:44

Thurleigh founder Charles MacKinnon said there was no ‘burning building’, with the deal motivated bya three to five-year view on regulation.

FCA warns land banking firms- 'we will come after you'

by Dylan Lobo on Apr 14, 2014 at 14:27

The Financial Conduct Authority (FCA) has won a High Court case against a land banking firm which it said sets a precedent that means land bank funds must be authorised collective investment schemes.

What the UK’s wealthy think of the RDR

by Danielle Levy on Apr 14, 2014 at 10:15

A study by Pershing reveals that wealthy clients understand the outcomes of the RDR but view advice as more expensive since the regulation was introduced.

M&A Frenzy: the biggest moves so far

by Elsa Buchanan on Apr 10, 2014 at 13:51

It's been a busy start to the year, marked by some significant developments in the industry. Here, we highlight the biggest deals so far, from the suspected to the surprising.

Executives slam trade bodies and ‘naive’ FCA for lack of fee guidance

by Elsa Buchanan on Apr 10, 2014 at 09:03

Senior executives have attributed damning Financial Conduct Authority (FCA) findings that wealth managers are not fully disclosing their charges or restricted status to a lack of guidance from the regulator and trade bodies.

WMA claims victory as EU scraps share trade restrictions

by Elsa Buchanan on Apr 09, 2014 at 10:02

The Wealth Management Association claims 'common sense prevailed' as the European Parliament is set to adopt changes to its comprehensive regulation on investment products.

Will fee competition kill wealth earnings this year?

by Elsa Buchanan on Apr 09, 2014 at 07:00

Wealth managers have warned that earnings in their own sector could be subjected to downwards pressure this year as fee competition bites.

Rise of the super boutique: how will this new breed of firm fare?

by Elsa Buchanan on Apr 07, 2014 at 14:38

What impact will a new breed of wealth management business, the super-boutique, have on the industry?

CFA members report tougher environment for professional conduct

by Robert St George on Apr 03, 2014 at 14:26

Members of the CFA Society of the UK say they are finding it harder to meet its code of ethics and standards

Osborne: a third of savers will take their money out of pensions

by Elsa Buchanan on Apr 03, 2014 at 11:34

George Osborne estimates a third of savers are expected to take their money out of pensions under liberalisation.

Chris Macdonald: we don't fear FCA in-house funds probe

by Elsa Buchanan on Mar 31, 2014 at 14:27

The chief executive officer of Brooks Macdonald has welcomed the FCA's decision to launch a probe into how wealth managers use in-house funds.

WMA: FCA business plan overlooks 'urgent' unfair FSCS issue

by Elsa Buchanan on Mar 31, 2014 at 14:12

The Wealth Management Association has condemned the regulator's business plan, saying it fails to address the 'urgent' issue of fairness in the compensation scheme.  

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Canaccord Wealth's Jukes: why bitcoin could cause disruption

Robert Jukes, global strategist at Canaccord Genuity Wealth Management offers an insight into his investment thinking and outlines the potential impact of the rise of crypto-currencies.

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