Adviser firms need to adapt to changes in the regulatory approach to client investment suitability assessments and move away from a product-specific focus, behavioural finance experts Oxford Risk say. The Financial Conduct Authority’s Consumer Duty rules in the UK and...
Regulation and Compliance
FCA Top Up Fees – it’s not too late to spread the cost
Why use valuable working capital to pay FCA Top Up fees upfront? An instalment financing option can be used to ease the payment burden says Premium Credit. With FCA regulated firms continuing to receive invoices for this year’s FCA fees and levies, Premium Credit is...
FCA asks financial advisers to review their processes in retirement income support: reaction
The Financial Conduct Authority (FCA) has today written to the Chief Executives of financial advice firms asking them to review their processes when providing retirement income advice. The letter comes following the FCA’s thematic review of retirement income...
FCA sets out its business plan for the year ahead: reaction
In its Business Plan for 2024-25, the Financial Conduct Authority (FCA) has today set out an ambitious programme of work for the final year of its 3-year strategy to achieve better outcomes for consumers and markets. Nikhil Rathi, Chief Executive of the FCA,...
Sign up to the IFA Magazine Newsletter
Regulated firms exposed to serious red flags without new business verification checksÂ
Regulated firms that take on new business clients are leaving themselves exposed to serious red flags by not completing critical...
Why transforming data management to meet compliance regulations can help wealth management firms unlock wider business benefitsÂ
Written by Tim FitzGerald, Financial Services Manager, InterSystems UK & Ireland Wealth management firms are facing a constantly...
Investment companies deregulation: the rise of Skywalker? JB Beckett analyses talk of reform to sector regulation
Advisers may be becoming increasingly aware of a rising voice in the corridors of power, one to reform the regulation of U.K. investment...
Lifetime Allowance: How the transitional tax-free amount certificate can make a big difference
As we approach the new tax year, Justin Corliss, Senior Pensions Development Manager at Royal London, explores the upcoming changes to the...
TISA Calls for The FCA to Radically Reconsider the Purpose and Function of Disclosure – Women Most Affected
New research from The Investing and Saving Alliance (TISA) and The University of Nottingham has underscored the need for a radical...
All roads lead to data – Moneyhub gives full support to ‘game changing’ FCA Advice Guidance Boundary Review proposalsÂ
Moneyhub has submitted its response to the Financial Conduct Authority’s (FCA’s) Advice Guidance Boundary Review proposals (DP23/5). The...
Financial regulator finds wholesale data market can be improvedÂ
The Financial Conduct Authority (FCA) has today published the findings of its wholesale data market study, which examined competition in...
Aegon backs Advice Guidance Boundary Review targeted support proposals
Responding to the Treasury / FCA Discussion Paper on the Advice Guidance Boundary Review (which closes today), Aegon has put its backing...
SJP welcomes the FCA and HM Treasury consultation paper on the future of targeted support and simplified advice
St. James’s Place (SJP) welcomes the FCA and HM Treasury consultation on the ‘Advice Guidance Boundary Review’ to address the widening...
PIMFA raises concerns about proposed public announcements of potential enforcement action against firms by FCA
In a statement released this afternoon, PIMFA has raised serious concerns about the impact of making public possible enforcement against...
PFS launches new Proficiency+ Consumer Duty competence diagnostic tool
PFS announces new tool and tests to allow firms to identify training opportunities in line with Consumer Duty Today the Personal Finance...
FCA requests information from firms about delivery of their ongoing advice services and the Consumer Duty
The Financial Conduct Authority (FCA) is today writing to a number of financial adviser firms requesting information about their delivery...
IFA Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.