The advice sector has been told today its bill to help pay for the FCA will rise by 4.7%.

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The FCA is exploring the use of eye tracking technology as part of work to clamp down on misleading or harmful financial advertising for consumers.

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Advisers will have to stump up at least £100m this financial year to fund the FSCS – with an extra bill possible later this year.

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The FCA has rejected the idea of introducing a mandatory standardised fact find.

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All financial services firms should be commanded to use a new set of explanations for advice and guidance, which should be displayed side-by-side.

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The FCA has abandoned plans to force advisers to tape all client phone calls.

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Financial services firms have escaped a total of £1.2 billion in FCA fines in the last four years, a report has found.

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The FCA has fined a former investment banker for sharing confidential information over WhatsApp.

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A trade body has urged the FCA to tighten regulation around unregulated products to reduce compensation claims, as advisers brand the current FSCS system ‘unfair’.

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The FCA asset management review was ‘way bigger than RDR’, says the chief executive of Nucleus.

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