The FCA is exploring the use of eye tracking technology as part of work to clamp down on misleading or harmful financial advertising for consumers.
Advisers will have to stump up at least £100m this financial year to fund the FSCS – with an extra bill possible later this year.
The FCA has rejected the idea of introducing a mandatory standardised fact find.
All financial services firms should be commanded to use a new set of explanations for advice and guidance, which should be displayed side-by-side.
The FCA has abandoned plans to force advisers to tape all client phone calls.
Financial services firms have escaped a total of £1.2 billion in FCA fines in the last four years, a report has found.
The FCA has fined a former investment banker for sharing confidential information over WhatsApp.
A trade body has urged the FCA to tighten regulation around unregulated products to reduce compensation claims, as advisers brand the current FSCS system ‘unfair’.
The FCA asset management review was ‘way bigger than RDR’, says the chief executive of Nucleus.
The FCA plans to amend the minimum levels of professional indemnity insurance cover to bring it in line with an EU directive.
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