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 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...
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.
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), and several colleagues have deferred taking their annual bonuses because of an ongoing review into the bungled announcement of an insurance industry investigation.
Barclays' share price has fallen 5% this morning following news US prosecutors has initiated a fraud case against the bank.
Plans to place loan-to-income restrictions on mortgage lenders have been announced by the Bank of England's Financial Policy Committee (FPC).
The Financial Conduct Authority has charged a former Schroders equities trader with nine counts of insider dealing.
Fund groups are set to come under fresh pricing pressure ahead of the ‘death' of AMCs, JP Morgan Asset Management's Jasper Berens has said.
Firms providing comparison websites for annuities should include details of the types of guarantees available and identify providers if they operate a restricted panel, the Financial Conduct Authority (FCA) has said in updated guidance.