The number of financial advisers operating a restricted advice model has risen sharply since the introduction of the RDR at the beginning of this year, with that number predicted to continue to rise in coming months.
When it comes to regulation there seems to be a never-ending list of rules to comply with. To keep on top of it is it best to outsource to a specialist or hire someone in-house, and how much priority should you give a non-client facing function?
The FSA and Bank of England have unveiled new rules relating to banking start-ups which relax some of the sector’s regulatory barriers to entry and are aimed at increasing competition.
The FSA has outlined the temporary product intervention rules (TPIRs) that the FCA will use to restrict sales of a product when it identifies there is a significant risk to customers.
The FSA has published a business plan and risk outlook for the Financial Conduct Authority (FCA), stating how the new authority will protect both the needs of customers and the integrity of the financial services industry.
Proposals by the FSA to be more transparent about its enforcement process, including the potential ‘naming and shaming’ of offenders, is a positive step towards a fairer financial system, according to The Consulting Consortium (TCC).
George Osborne today unveiled what he said was “one of the largest ever packages aimed at tackling tax avoidance and evasion presented in a Budget” by a UK chancellor ever.
Unfair stamp duty payable only by UK-domiciled funds is to be abolished in a move announced by the Chancellor George Osborne in today’s Budget.
Following a misinterpretation of how the FSCS levy is caculated, Walker Crips has paid an extra £440,000 for its financial years ending in 2011 and 2012 on behalf of its stockbroking arm.
Daniel Godfrey, CEO of the IMA, has outlined three new long-term goals to ensure the body meets the needs of both investment managers and investors in the future.
If you are yet to get to grips with how CPD works, you are not alone. But rather than bury your head in the sand until it is too late, find out the answers to your questions here…
Financial Transactions Tax (FTT) will cost investors a minimum of 13bn annually at current transaction levels and could force asset managers to relocate outside of the FTT zone, warns the European Fund and Asset Management Association (EFAMA).
