The International Organization of Securities Commissions (IOSCO), a global body representing financial regulators, has singled misconduct in relation to retail financial products as one of its top four market risks for 2016.
The amount of tax the UK government collects from pension savers who have breached their lifetime allowance (LTA) has almost quadrupled since George Osborne became chancellor, The Sunday Times reported.
Older consumers are a diverse population, with different beliefs, behaviours and needs, all of which affect the way in which they interact with money and financial services, according to a new discussion paper from the Financial Conduct Authority. So, what do IFAs need to take into account to meet their needs? Click through the pictures…
WH Ireland has been fined £1.2m and restricted for 72 days from taking on new corporate broking clients for failing to sufficiently protect against the risk of market abuse.
The Financial Conduct Authority has launched the ageing population project, a discussion paper that will drive future regulatory strategy, taking into account the needs of the growing elderly population.
If UK chancellor George Osborne opts to introduce and new Isa-style pension system in next month’s budget it spells the end of the 25% tax free lump sum allowance, say Steve Webb, director of policy for Royal London.
Many financial advisers are not doing enough to “challenge the status quo” around the products and services they offer to clients, according to the Financial Conduct Authority.
One in ten of UK financial advisers “wholeheartedly” welcome the Financial Advice Market Review (FAMR), according to research from Intelliflo.
The European Securities and Markets Authority (ESMA) is seeking input on the technical implementation of a regulation to improve the governance and control of financial market benchmarking.
Including popular inheritance tax planning vehicles in the UK’s tax avoidance disclosure regime would be a step too far, HM Revenue & Customs has agreed.
The European Commission is to extend the start date of the revised Markets in Financial Instruments Directive, or MiFID II, by one year to 2018.
American expats should not renounce their citizenship because of FATCA without considering all of their options, according to Nigel Green, chief executive and founder of deVere Group.
