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An IFA has echoed concerns about falling business profits in the UK, believing low net-worth clients are missing out because of this. Paul White, a consultant for Belgravia Insurance Consultants, [...]

GREATER clarity is needed to prevent key facts illustrations remaining the biggest regulatory bugbear of mortgage advisers. The Council of Mortgage Lenders claimed that the first six months of statutory [...]

Regulation, as we all know, did not arrive in isolation, mainly because so many of the new rules are principle based, which makes it very difficult to pinpoint exactly what [...]

THE six-month transitional period for the new depolarisation rules comes to an end on 31 May 2005 and from 1 June we will see the dawn of a new world- [...]

MORTGAGE clubs claim to have lost millions of pounds worth of business to networks since the introduction of regulation. Prior to M-Day, many unregulated brokers who were also members of [...]

REGULATION has created the biggest source of stress for IFAs, according to some advisers. IFAs are complaining that constantly changing rules create the most angst. One of the regulatory changes [...]

ONCE M-Day has arrived, any adviser found helping customers with a regulated mortgage product without permission or having an exemption from the Financial Services Authority will be breaking the law. [...]

MORTGAGE broker Charcol has expressed concerns that new key facts illustration rules will delay mortgage offers after Mortgage Day. Ray Boulger, senior technical manager of Charcol, said the brokerage had [...]

FINANCIAL services companies are being battered by a tidal wave of EU regulation, according to the Confederation of British Industry. In a CBI report, Financial Services: Promoting a Global Champion, [...]

INDUSTRY comments on gold-plating of European directives on listing rules have been properly taken into account, according to the FSA. The FSA has published a second consultation paper on the [...]

THE FSA has approved a mortgage intermediary who was turned down when he applied to a network. Prestbury Financial, which has set up Solution Network, said that one individual applied [...]

REGULATORY requirements for insider lists represent a serious administrative burden for financial advisers and issuers, according to a law firm. Lovells has warned advisers, agents and investment houses that the [...]

AN IFA has blamed the introduction of financial regulations on recovery problems spreading to financial services, according to a CBI report. The performance of the financial sector has faltered with [...]

An IFA is urging the industry to join forces before general insurance is regulated by the FSA next year. Kevin Carr, senior technical adviser for LifeSearch, is asking for IFAs, [...]

ONLY one company bothered to respond to a consultation paper on whether the Financial Ombudsman Service's powers should be widened. The FOS issued a consultation paper about moving National Savings [...]

MOST UK companies are still unaware of the impact of the European Union Pensions Directive, according to ABN Amro. The international bank said that the majority of UK finance directors [...]

INTERMEDIARIES are under-estimating how much FSA regulation will add to the cost of mortgages, according to Pink Home Loans. Tony Jones, managing director of Pink, said results of the group's [...]

AN FSA ban on soft commissions will cause the value of small- and mid-cap firms to tumble. Directors of asset managers and economists thought a total ban would mean fund [...]

THE government will ensure that European regulations do not hinder competitiveness in the UK. Chancellor Gordon Brown revealed last week that European legislation would be subject to tough tests before [...]

PRODUCT details are expected to take second place to regulatory demands in 2004. According to Susan Colley, managing director of intermediary West Country Health Care, many brokers are ill prepared [...]