Wealth managers

The Financial Conduct Authority (FCA) is consulting on guidance to clarify the boundaries between different investment advice models, such as simplified, or automated, advice.

Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.

The Financial Conduct Authority (FCA) spent £3.3m on overseeing the Retail Distribution Review (RDR) last year, according to its annual accounts, a 37.5% increase on the cost of the rule change before implementation.

The Financial Conduct Authority (FCA) is in "active discussions" with one asset manager on client redress after a review of fund managers' use of dealing commissions found widespread failings.

The Financial Conduct Authority (FCA) is to launch a probe into competition within the asset management industry, focusing on whether practices in the wholesale space are having a negative effect.

The Serious Fraud Office is investigating an allegation of fraud against a number of investment funds operated by Stirling Mortimer Global Property fund.

The Financial Conduct Authority (FCA) has increased its competition team by 30 staff in the last year, as it prepares to step up its competition investigations and market studies, according to FCA figures obtained by financial services regulatory consultancy...

High street banks are using Wonga-style bullying letters to chase customers for payments.

US authorities have hit French bank BNP Paribas with a giant $8.9bn (£5.2bn) fine for breaking trade sanctions.

Advisory firms have successfully adapted to the Retail Distribution Review (RDR) but the cost of regulation remains a massive barrier to development, the Association of Professional Financial Advisers (APFA) has said.