FCA

The Financial Conduct Authority has issued a statement saying that the UK regulatory framework, which mostly derives from EU legislation will remain until future negotiations between the EU and UK.

Discovered a string of failings

Tenet's chief executive has hit back at the FCA's refusal to consider introducing a product-based premium as a means of funding the Financial Services Compensation Scheme (FSCS).

Consumer education also targeted as an area for improvement

Regulator believes its recommendations may hamper the suitability of advice

Acted as CEO since Martin Wheatley's departure

Richard Walsh warns that the advice gap will not narrow despite FAMR report findings.

FAMR explored mass market access to advice

FCA announced review last August

Regulator acknowledges long-standing adviser concerns