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Experts back Tyrie over FCA ‘regulatory overload’ concerns

Senior financial services experts have backed warnings from Treasury committee chairman Andrew Tyrie of “regulatory overload”. Speaking in a Westminster debate on the Financial Services Bill last week, Tyrie warned the FCA and the Bank of England risk being overwhelmed by the Government’s legislative agenda and said regulators could be powerless to prevent the next […]

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Intrinsic bids for Tenet as Aviva eyes mortgage arm

Old Mutual Wealth-owned network Intrinsic has made a “non-binding” offer for Tenet as part of a possible break-up of the business, Money Marketing understands. It is believed Aviva – which already owns a 47 per cent stake in Tenet – has also tabled a bid specifically focused on TenetLime, the network’s mortgage and protection business. The […]

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FCA orders past business review over advice due diligence failings

The FCA has ordered one firm to conduct a past business review and three more to improve processes following a thematic review of adviser due diligence. The FCA reviewed the work of 13 advice firms, also visiting seven consultancies and three providers to assess the market. FCA director of life insurance and financial advice Linda […]

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Life! It’s a risky business

By Denise Wond, Marketing Relationship Manager There’s no avoiding the fact that life can be a risky business. You have only to tune into news reports to see how easily, and unexpectedly, life can be turned upside down. In my experience, the older I get the more often I come face to face with those […]

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