There will be reasons for both optimism and concern this year.
How should firms deal with a request and the potential consequences?
At first glance, enterprise investment schemes seem a nightmare for the small IFA.
The introduction of adviser charging has changed the way important data should be collected.
Losing trail commission could have far-reaching consequences for small advice firms and their clients.
The lessons to be learned from the regulator’s recent decisions on inducements
With great responsibility comes the need for collaboration
Our new cradle-to-grave fund supervision team will help us spot risks earlier.
FSCS levy payers have an interest in ensuring new products come under scrutiny.
Lenders’ policies on pension contributions are pushing some to consider ceasing payments.
In the coming years, we are likely to see the debate about the UK’s place in the European Union intensify.
Brokers argue that the uncertainty around a currency split and mortgage lending should have been a main feature of the No campaign
The asset-gathering business model is a potential cause for concern, particularly when it comes to product suitability
Grey areas can emerge when trying to meet the interests of your customers, especially in areas such as power of attorney
Proposed changes to the Solvency II directive would bring down the cost of securitising, which some say will lead to new lenders.
A huge amount of time and money is about to be spent because the Chancellor did not fully think through the implication of the guidance guarantee.
Use the quieter summer months to determine which areas of your business might benefit from a modular charging structure
Higher net worth clients may seem desirable but can pose all kinds of compliance and legal problems.
The FCA has indicated increasing intolerance for non-compliance, so we are likely to see regulatory action if there is no improvement.
Advisers sometimes overlook the appropriateness of underlying risk assets, resulting in complaints.
Non-competition clauses are typically kept short but a recent High Court decision upheld a 12 month non-competition covenant.
Financial services businesses can usually rely on written communications to correct a genuine error but firms should take care to ensure all communications are fair
Firms which continue to fail to set out charges clearly can expect to get short shrift from the regulator.
How to set out your “adviser alpha” to clients.
In the first of a monthly series helping advisers prepare for the sunset clause, we look at how to utilise time assets.
Advisers can no longer afford to treat all clients as equal
Despite a recent FCA paper on the subject, it seems unlikely many simplified advice models will launch anytime soon
The FCA is intent on examining advisers’ delivery of service commitments more closely
Brokers say the BoE has once again confused the market with its latest request for powers to control loan-to-value ratios
The FCA has made it clear it is determined to create a culture of good conduct at every level of the financial services industry
The FCA claims lenders “filled their boots” on non-income verified mortgage sales in the final run-up to the Mortgage Market Review.
The law is relatively well understood, but it’s difficult to know how the FOS will decide that same problem based on what is fair and reasonable.
Do what you can to prevent a recurrence of the situation or reduce the damage caused.
The Government and The Pensions Regulator need to tackle non-compliance with AE staging dates.
Technological developments and the way we communicate have understandably had a major impact on the financial services industry.
A common theme behind compliance disasters is the high prevalence of “fantasist” behaviour
Draft your own procedures and client agreements. This may save your business and help you make a lot more money.
Brokers expect to see an autumn upturn in remortgage approvals but urge lenders and borrowers to assess the situation now.
Armed forces personnel using the Forces Help to Buy scheme are prevented from taking up the Help to Buy mortgage guarantee as it violates EU regulations