Regulation
Investment
If there was any need to highlight the regulatory challenge faced by wealth managers, the FSA ‘Dear CEO' letters have made the issue strikingly clear.
10 June 2013
•
3 min read
Wealth managers
Investors will be offered the chance to buy discounted shares in Lloyds Banking Group, as George Osborne plans to sell taxpayers' stake in the bank sooner rather than later.
10 June 2013
•
2 min read
Networks/Clubs
IFA network Sesame has said it remains in a 'strong' financial position and will not increase its membership fees because of today's £6m fine for failings relating to advice given on Keydata products.
05 June 2013
•
2 min read
Wealth managers
The Financial Conduct Authority (FCA) has fined Sesame Limited £6,031,200 for failures in relation to Keydata advice.
05 June 2013
•
1 min read
UK
The Financial Conduct Authority (FCA) has banned the sale of unregulated collective investment schemes to ordinary retail investors.
04 June 2013
•
1 min read
Investment
Clive Adamson of the Financial Conduct Authority says the regulator will be pre-emptive rather than reactionary to protect consumers.
03 June 2013
•
1 min read
Adviser / Broking
Legacy commission still accounted for more than half of adviser income at end of March, according to research released today.
03 June 2013
•
Investment
A look at what might be on the regulatory horizon for wealth managers was a story which caught our readers' attention this week.
31 May 2013
•
1 min read
Wealth managers
HM Revenue & Customs has shut down a tax avoidance scheme operated by NT Advisors which has protected about £190m in tax revenue.
30 May 2013
•
