FCA

Regulator accepted nine firms into advice unit

As open-ended property funds start to reopen after suspensions following the Brexit vote, there is a danger the debate around these vehicles gets kicked into the long grass until the next crisis erupts.

The Financial Conduct Authority (FCA) is understood to be moving away from the idea of putting a cap on fund charges as part of its wider review into competition within the asset management sector.

Results due in Q4

Worst performance since Lehmans

Follows an eventful first half of the year

The FCA's latest review is on so-called Retirement Outcomes, which is designed to see how the retirement income market is developing on the back of pension freedoms.

Guy Wilkes, financial services regulatory and enforcement partner at global law firm Mayer Brown, explores the notion of conduct risk and if concentrated funds face different challenges from those of more diverse funds.

The term 'inducement' is being used as a substitute for the word 'bribe', and yet it seems unthinkable any adviser places business purely as a 'thank you' for a day at the cricket, writes Lawrence Gosling.

Rules out extending remuneration rules across industry