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FCA urged not to ban contingent charging by own advisers

The FCA has been urged not to place an outright ban on contingent charging by some of its internal advisers. Money Marketing understands members of both the FCA’s smaller business practitioner panel and wider practitioner panel – two industry groups set up to advise the regulator – have put pressure on the FCA not to […]

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FCA to pay redress over poor correspondence

The Complaints Commissioner has criticised the FCA for its correspondence with a complainant and ordered it to pay redress. The complaint related to the FCA failing to respond to a report sent to it by the complainant at the regulator’s request, about professional indemnity insurance. According to the Complaints Commissioner decision, the complainant initially drew the […]

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