The FCA has been told it should regulate the fund ratings industry as some agencies admitted there were ‘conflicts’ in their business models.
Read more ...Fund rating agencies admit ‘conflicts’ as FCA told to regulate
- Wednesday, 28 June 2017
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FCA to investigate platforms' value for money
- Wednesday, 28 June 2017
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The FCA says it will ‘shortly’ be launching a market study into platforms.
Read more ...FCA plans make DB transfers ‘harder to justify’
- Tuesday, 27 June 2017
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A proposed shakeup of FCA guidance on DB pensions advice will make transfers ‘harder to justify’ and ‘more demanding’, an adviser firm claims.
Read more ...'Weak' fund manager competition: FCA set for final report
- Tuesday, 27 June 2017
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The FCA is set to deliver its final report on the asset management industry tomorrow after finding price competition is ‘weak’ in parts of the sector.
Read more ...FCA examines clients' grasp of cashflow model outcomes
- Monday, 26 June 2017
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The FCA is investigating whether consumers can understand the outcomes of stochastic cashflow modelling as part of its shake up of DB transfer advice.
Read more ...Adviser firm wound up after two FOS complaints upheld
- Friday, 23 June 2017
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Bedford-based financial adviser firm Total Wealth Solutions is being voluntarily wound up after the firm had a complaint upheld against it by the Financial Ombudsman Service over pension transfer advice to move a client's money to a fund linked to a Brazilian rainforest scheme.
Read more ...Reaction as FCA reveals plans for changes on DB transfer advice
- Wednesday, 21 June 2017
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The FCA has revealed plans for changes on DB transfer advice this morning, including scrapping guidance that the adviser should start from the assumption that a transfer will be unsuitable.
Read more ...DB transfer attitude ‘outdated, past sell-by date’
- Wednesday, 21 June 2017
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Pension experts, including the former Pensions Minister have backed the scrapping of ‘outdated’ guidance on DB transfers, saying that change was “long overdue” and the regulatory framework was “past its sell-by date”.
Read more ...FCA to axe DB unsuitable transfer assumption
- Wednesday, 21 June 2017
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The FCA has revealed plans for changes on DB transfer advice this morning, including scrapping guidance that the adviser should start from the assumption that a transfer will be unsuitable.
Read more ...Fraudsters use 'cloned' Blackrock website to target investors
- Tuesday, 20 June 2017
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Fraudsters have been using a 'cloned' Blackrock Asset Management website to try to cheat investors, the FCA has warned.
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