View more on these topics

FSA to investigate impact of regulation on smaller firms

Today’s publication of the N2+2 review saw the FSA acknowledge the impact the cost of regulation can have on smaller firms.

The FSA says it is developing a project to investigate this, in partnership with the Financial Services Practitioner Panel.

FSA chairman Callum McCarthy says: “”A key question for us is: what can we do to reduce the FSA’s contribution to the cost of regulation? In particular, we recognise that the cost of regulation falls disproportionately on smaller firms. So, one of our business priorities for the coming year will be to examine the impact of our regulation on this sector, look for further opportunities to reduce the burden where the impact of regulation is disproportionate to the benefit and to improve the way in which the FSA works with smaller firms.

“We are currently developing the scope of a project to consider this, in partnership with the independent Practitioner Panel, and will announce further details when we publish our Business Plan for 2005/06 in January.”


Jaw show

Such was DWS Investments’ confidence that everyone attending the launch of its new ratebuster product would be astounded by their wizardry, the fund manager offered 50 to anyone whose jaw did not hit the floor.DWS’s fears that the gathered hacks and industry bods would be injecting botox to prevent any tell-tale eyebrow raising proved unfounded. […]

Value-added tax planning

For obvious reasons, the Government limits the amount that your clients can invest in tax-favoured investments.

Is Pru staging a dirty war?

You have to wonder whether the man at the Pru is trying to destroy Money Mark-eting’s relationships with rival firms.How exactly is it doing this? By exerting its iron fist as landlord and preventing journalists from showering. Far-fetched, you may think, or just cunning?Having put up with cold showers for months, the cat was finally […]

Health - thumbnail

Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm