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<br /> ISSUE 83<br /> JUNE 2014<br /> ICAEW.COM/FSF<br /> THE GOING CROWD<br /> GETS TOUGH CONTROL<br /> CONSUMER NEW RULES<br /> CREDIT AND TO REGULATE<br /> THE MOVE TO ALTERNATIVE<br /> FCA CONTROL INVESTMENTS<br /> THE HARD SELL<br /> What's motivating<br /> advisers to push new<br /> banking products?<br /> P L A N FO R<br /> TOMORROW<br /> LIVE MORE<br /> TODAY<br /> THREE YEAR FIXED RATE PROFESSIONAL MORTGAGES<br /> PROVIDED BY SCOTTISH WIDOWS BANK.<br /> With our three year fixed rate Professional Mortgages you'll feel free to enjoy life more today.<br /> As a member of ICAEW you can apply for three year fixed rate Professional Mortgages, exclusively<br /> available to our affinity partners. We also have a range of Professional Mortgages offering a selection of<br /> additional fixed rates and variable rates. All of our Professional Mortgages offer you the option to offse<a title="FS Focus JUNE 14 page 1" href="http://viewer.zmags.com/publication/6ae0a32c?page=1"> ISSUE 83 JUNE 2014 ICAEW.COM/FSF THE GOING </a> <a title="FS Focus JUNE 14 page 2" href="http://viewer.zmags.com/publication/6ae0a32c?page=2"> P L A N FO R TOMORROW LIVE MORE TODAY THREE Y</a> <a title="FS Focus JUNE 14 page 3" href="http://viewer.zmags.com/publication/6ae0a32c?page=3"> Contents Issue 83 June 2014 </a> <a title="FS Focus JUNE 14 page 4" href="http://viewer.zmags.com/publication/6ae0a32c?page=4"> WELCOME Regulating regulators Regulator</a> <a title="FS Focus JUNE 14 page 5" href="http://viewer.zmags.com/publication/6ae0a32c?page=5"> NEWS & EVENTS Faculty news PHILIPPA GOE</a> <a title="FS Focus JUNE 14 page 6" href="http://viewer.zmags.com/publication/6ae0a32c?page=6"> Events All events take place at Chartered Accou</a> <a title="FS Focus JUNE 14 page 7" href="http://viewer.zmags.com/publication/6ae0a32c?page=7"> WHEN YOU GET CERTIFIED, YOU GET RECOGNIZED. THAT </a> <a title="FS Focus JUNE 14 page 8" href="http://viewer.zmags.com/publication/6ae0a32c?page=8"> ALTE RNAT IVE VIEW If in doubt, regulate Ha</a> <a title="FS Focus JUNE 14 page 9" href="http://viewer.zmags.com/publication/6ae0a32c?page=9"> AUDIT & REPORTING The reporting challenge B</a> <a title="FS Focus JUNE 14 page 10" href="http://viewer.zmags.com/publication/6ae0a32c?page=10"> AUDITING THE FUTURE To reach a satisfactory concl</a> <a title="FS Focus JUNE 14 page 11" href="http://viewer.zmags.com/publication/6ae0a32c?page=11"> AUDIT & REPORTING aggregate of uncorrected </a> <a title="FS Focus JUNE 14 page 12" href="http://viewer.zmags.com/publication/6ae0a32c?page=12"> RETURNOFTHE PERSUADERS The FCA has been stamping </a> <a title="FS Focus JUNE 14 page 13" href="http://viewer.zmags.com/publication/6ae0a32c?page=13"> COVER STORY PICTURE CREDIT XXXXXXX/XXXXXX, XXX</a> <a title="FS Focus JUNE 14 page 14" href="http://viewer.zmags.com/publication/6ae0a32c?page=14"> scheme was scathing and its press release starkly</a> <a title="FS Focus JUNE 14 page 15" href="http://viewer.zmags.com/publication/6ae0a32c?page=15"> COVER STORY thing, while the bonus pool s</a> <a title="FS Focus JUNE 14 page 16" href="http://viewer.zmags.com/publication/6ae0a32c?page=16"> TARGET PRACTICE Financial services firms must sto</a> <a title="FS Focus JUNE 14 page 17" href="http://viewer.zmags.com/publication/6ae0a32c?page=17"> MANAGEMENT C oncerns about cyber security h</a> <a title="FS Focus JUNE 14 page 18" href="http://viewer.zmags.com/publication/6ae0a32c?page=18"> TIME TO GET TOUGH The consumer credit market</a> <a title="FS Focus JUNE 14 page 19" href="http://viewer.zmags.com/publication/6ae0a32c?page=19"> RISK & REGULATION GETTY four-yearly assessment </a> <a title="FS Focus JUNE 14 page 20" href="http://viewer.zmags.com/publication/6ae0a32c?page=20"> Funding from the madding crowd The FCA's new rul</a> <a title="FS Focus JUNE 14 page 21" href="http://viewer.zmags.com/publication/6ae0a32c?page=21"> RISK & REGULATION INVESTORS HAIL ALTERNATIVES</a> <a title="FS Focus JUNE 14 page 22" href="http://viewer.zmags.com/publication/6ae0a32c?page=22"> Costly mistakes, quick succession Many businesse</a> <a title="FS Focus JUNE 14 page 23" href="http://viewer.zmags.com/publication/6ae0a32c?page=23"> FINANCIAL PLANNING </a> <a title="FS Focus JUNE 14 page 24" href="http://viewer.zmags.com/publication/6ae0a32c?page=24"> PASSING THE ASSET TEST More than $2,400 billion i</a> <a title="FS Focus JUNE 14 page 25" href="http://viewer.zmags.com/publication/6ae0a32c?page=25"> FINANCIAL PLANNING AUM INCREASED FROM </a> <a title="FS Focus JUNE 14 page 26" href="http://viewer.zmags.com/publication/6ae0a32c?page=26"> Unfocused They said it… Interest rates rise An o</a> <a title="FS Focus JUNE 14 page 27" href="http://viewer.zmags.com/publication/6ae0a32c?page=27"> news and views. economia online has all the news </a> <a title="FS Focus JUNE 14 page 28" href="http://viewer.zmags.com/publication/6ae0a32c?page=28"> </a>