LISA penalties ‘excessively punitive’ as Treasury calls for reform
Dual purpose design could be diverting savers away from more suitable products, MPs warn
Regulation
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FCA launches ‘once in a generation’ advice reforms
Industry reacts to proposals designed to narrow advice gap
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Technology and competition are now ‘top concerns’ for asset managers
Tech disruption overtakes regulation as main issue of concern, according to FE fundinfo’s 2025 Asset Managers Report
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FCA appoints deputy chief executive
New role created at the regulator
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Gen Invest initiative launches to support young investment professionals
Founded and chaired by Guinness Global Investors client services lead Iona Frisby
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Industry group calls on FCA to cut barriers to entry for fund managers
Working group of City spokespeople have called for new fund management firms to be subject to a ‘lighter touch’ regime
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Wealth management CEOs call out four ways to boost industry’s growth
More predictable regulation was among the ways to boost growth, according to a report released today by PIMFA, KPMG and UK Finance
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Treasury to launch ISA reform consultation — reports
The Treasury is set to launch a consultation on ISA reform in the coming weeks, according to the Financial Times
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Investment industry calls for clarity as FCA ‘pauses’ SDR rollout for MPS
Regulator will prioritise other work around multi-firm reviews and Consumer Duty
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FCA to cut 70% of capital rules for investment firms
The current regulation is designed for banks, making them overly complex and an ‘unnecessary burdens on firms’
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FCA sets out further CCI consultation on fee simplification
Final CCI rules will be set out in late 2025
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Regulatory outlook: Consumer Duty due diligence is a thorny problem
Two years on from implementation there are still issues with ensuring Consumer Duty is filtering down the distribution chain