UK banks are continuing to pay “allowances” to bankers, despite calls from the EU to include such payments in the bonus cap.
Lawyers say warnings could amount to “enforcement by the back door”.
Compensation scheme has paid out 2,600 claims against failed firm
Bank of England chief economist Andrew Haldane is “gloomier” on UK economic prospects.
Regulator says pace of technological change is “daunting” but says it can be properly managed.
The Financial Ombudsman Service ordered the bank to repay trail commission to a client.
TPR expecting greater numbers of firms failing to meet their auto-enrolment duties.
ABI members keen to develop simplified offerings in time for Budget changes.
BBA to promote CII’s professional qualifications to help raise standards.
Rise in non-advised sales has reignited concerns over the blurred line between advice and non-advice
Financial Ombudsman Service chief executive Caroline Wayman says she is worried about adviser perceptions.
Bank sold complex products such as exchange-traded commodities through its self-serve platform without appropriate checks.
Investor claims they lost out as a result of regulator’s “toxic” statement on life settlement funds
Regulator has launched national campaign to boost consumer awareness of investment scams.
FCA expects redress exercise to continue until the end of the year.
Investor claims regulator’s “toxic” warning against life settlement funds led to Catalyst’s collapse.
There has been a 61 per cent surge in the number of regulatory interventions against firms’ financial promotions.
Ex-directors of Pritchard Stockbrokers banned for failing to protect client money.
Costs include £228,000 for legal advice for staff.
The Competition and Markets Authority wants to stimulate a “high quality price comparison sector” for payday loans.
Latest figures on advice firm numbers published by FCA.
Banker from leading British bank becomes first criminal conviction in Libor fixing investigation.
The Prudential Regulation Authority has set out plans to raise the FSCS compensation limit for annuities to 100 per cent of the fund.
Advisers must put client outcomes at the centre of platform due diligence, says the regulator.
Advisers must consider risk profiling, fund size and time-barring when reviewing sales.
Those taking their pensions as a lump sum may be unaware of the compensation protections they are losing.
Experts call for FCA to change stance on independence and external referrals.
Bank has urged Chancellor George Osborne to grant it power to place limits on loan-to-value ratios.
Former adviser pleads guilty to 22 offences contrary to the Theft and Fraud Acts.
Payday lender sets aside £35m in addition to writing off loans worth £220m.
Wonga will write off 330,000 customers’ loan balances after the FCA found evidence the payday lender was failing to adequately assess customers’ ability to meet repayments.
Lenders that write fewer than 300 mortgages a year are now excluded.
Guernsey regulator fines stock exchange for failings relating to Arch cru transactions.
Two online adverts from claims firm The Claims Guys have been banned for being misleading.
John Field, 77, is alleged to have fraudulently obtained more than £1m from 33 investors over a 9-year period.
Survey shows just a quarter of struggling borrowers feel their lender has treated them sympathetically.
Investment and pension firms among 14 businesses declared in default.
Yarrow spent 37 years at Dresdner Kleinwort, most recently serving as chairman of the UK bank.
The bank has withheld £3m in bonus payments to the employees, dismissed for rigging the benchmark interest rate.
The FCA has charged the former treasurer and head of tax at Wm Morrisons, Paul Coyle, with insider trading.