'Game-changer for the structured products sector'
Beatrix Anton-Groenemeyer to assume role immediately
Several of the UK's major asset managers are falling short on stewardship and responsible investment practice, according to NGO ShareAction.
Some of the UK's largest asset managers could face more onerous financial requirements after regulators unveiled proposals to subject fund giants to greater scrutiny.
Four men have been banned from working in financial services over their ‘disgraceful' behaviour in relation to occupation pensions which saw them net £4m in unnecessary commission.
The Financial Conduct Authority (FCA) has launched a consultation on proposed changes to the rules governing the use of dealing commission by fund managers, in particular how they pay for access to company CEOs.
The Financial Conduct Authority (FCA) has sent emails to 120 advisory firms asking them to complete a questionnaire that will form the basis of part two of its three-pronged review into the impact of the Retail Distribution Review (RDR).
The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).
The Financial Conduct Authority (FCA) is preparing to enforce new absolute return disclosure requirements but has opted not to implement the more stringent proposals some had recommended.
Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has said he wants the regulator's legacy to reflect it ensured wrongdoers "faced the full consequences" of their actions.