FCA calls for fund charge consistency
The FCA today urged fund managers to focus on the ongoing charges rather than annual management charges in a bid to improve transparency.
The FCA today urged fund managers to focus on the ongoing charges rather than annual management charges in a bid to improve transparency.
Under new rules announced by the FCA, investment managers will only be able to pay for substantive research with dealing commissions.
Towergate could be fined by the Financial Conduct Authority (FCA) over the potential mis-selling of two of its products.
The unanswered question coming out of the FCA fining Invesco Perpetual £19m yesterday is: why did nobody else spot this?
Investors were not clearly informed of risks and the firm’s use of derivatives, the financial regulator has said.
Hargreaves Lansdown, Barclays Stockbrokers and Santander received the most investment-related complaints in the second half of last year, though overall grievances with financial services firms fell, according to the FCA.
The acquisition has been official as the FCA officially approved the deal today.
Today sees the launch of a brand new asset management business promising a radical new direction in the global asset management industry.
Alongside its annual plan the regulator has laid out its seven main areas for concern. But are they the right ones?
As the FCA identifies seven key risk areas present in the financial markets for the year ahead in its ‘Risk Outlook 2014, members of the industry give us their views.
The FCA has fined Santander UK £12.4m for serious failings relating to investment advice.
Has our obsession with price seen us lose sight of the original six intended outcomes?