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Showing 91 - 100 of 107 results for "Financial Conduct Authority"

UK asset consultants face competition scrutiny

KARREN VERGARA  |  MONDAY, 18 SEP 2017
In an industry first, the UK Financial Conduct Authority's concerns about anti-competitive practices of investment consultants have been referred to a consumer protection and anti-competition watchdog to further investigate the industry. The FCA announced ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
... level capacity, the taskforce said. The taskforce used similar examples overseas whereby in the UK the Financial Conduct Authority (FCA) can exercise its power to prohibit an individual who is not fit and proper in carrying out their duties. In March ...

Hollywood star supports FCA complaints campaign

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
The UK's Financial Conduct Authority (FCA) has enlisted the help of a Hollywood superstar to alert consumers affected by the decade-long payment protection insurance (PPI) scandal to make a formal complaint as soon as possible. A campaign featuring ...

Brexit endangers EU asset manager passport

KARREN VERGARA  |  MONDAY, 10 JUL 2017
... Union - essentially 28 countries - hangs in the balance once Brexit is finalised. Statistics from the Financial Conduct Authority show about 5500 companies in the UK hold outbound passports to the EU market - and several of these are Australian financial ...

Asset managers still charging more for less

ALEX BURKE  |  FRIDAY, 30 JUN 2017
Following its interim report on the asset management industry released in November 2016, the UK Financial Conduct Authority reiterated its stance that profits aren't reflecting average performance. The FCA received 153 written submissions and consulted ...

ASIC signs fintech agreement with Indonesia

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... with a number of other regulators including the Monetary Authority of Singapore, the United Kingdom's Financial Conduct Authority, the Ontario Securities Commission and Capital Markets Authority, Kenya. It is hoped that this will enable the regulator ...

Asset manager profits under pressure

ALEX BURKE  |  MONDAY, 6 FEB 2017
... margins - and may mean the industry has reached its peak. In a recent Lipper Alpha Insight discussion, Financial Conduct Authority technical specialist - investment management Jeremy Beckwith posed the "peak asset management" argument based on three ...

Aligned advisers return to UK

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
... clarification on the line between guidance and advice it is always difficult for a product provider. The Financial Conduct Authority [the UK's financial regulator; equivalent to ASIC] has also said - and I agree - that a product recommendation can be ...

ASIC and UK regulator sign fintech deal

ALEX BURKE  |  THURSDAY, 24 MAR 2016
ASIC and the UK's Financial Conduct Authority (FCA) have agreed to support innovative businesses or fintechs entering each other's respective markets. The goal is to reduce regulatory uncertainty for new Australian businesses entering the UK market ...

UK regulator targets conflicts in investment consulting

MARK SMITH  |  WEDNESDAY, 25 NOV 2015
Asset consultants could be in the firing line as the UK's financial regulator, the Financial Conduct Authority (FCA), sets competition and conflicts of interest within the asset management industry in its sights. The heads of the UK's largest pension ...