The Association of Professional Financial Advisers (APFA) has called on the regulator to issue clear guidelines on adviser liability when handling pension transfers involving 'insistent' clients.
Wealth manager Towry has been forced to spend a further £3.7m to deal with issues the regulator has with the business, following a quadrupling of the expenditure last year.
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A former professional indemnity insurance broker has been banned by the regulator for giving forged evidence and lying to the High Court.
Advisers and investors face further uncertainty over their fate as the Financial Services Compensation Scheme (FSCS) has once again delayed a ruling on advisers' liability for investment losses in overseas property scheme Arck.
Advisers are being asked to vote on four options for limiting their personal liability for the advice they give, with the results passed to the regulator in a bid to make it reconsider its stance on the issue.
A comprehensive list of businesses identified as offering 'robo-advice' in the US suggests investor appetite can be vast...
Investment advisers are still heavily reliant on income paid through commission, according to the latest research by the Association of Professional Financial Advisers (APFA).
Research and ratings group Rayner Spencer Mills Research (RSMR) has launched a range of model portfolios for directly authorised small advisory firms.
The Financial Conduct Authority (FCA) has fined Clydesdale Bank £20.6m for serious failings in its payment protection insurance (PPI) complaint handling processes that may have led to thousands of claims being rejected unfairly.
The FCA has said it is are proud to be leading the world in the customer-focused regulation of financial advice. With several other countries now considering similar rules, Simon Willoughby offers five tips to the eager adopters...
Mike Harrison outlines five simple steps advice firms can take to better understand the FCA’s ever-shifting demands...
UK Independence Party (UKIP) candidate Nick Lincoln has outlined his wish to cut financial regulation in the UK by ridding it of EU influence.
An IFA standing for the UK Independence Party (UKIP) at this year's general election has said financial education and the provision of quality advice to the mass market will form part of his campaign ahead of the publication of the party’s manifesto next week.
The Financial Ombudsman Service (FOS) has ruled in favour of four complainants who separately claimed they were given unsuitable advice to transfer their personal pensions to new plans permitting investment in overseas property.
Recording client calls and meetings need no longer be seen as a stealthy activity likely to be viewed with suspicion by clients...
PPI, Arch Cru, Keydata, Lehmans, film finance, UCIS, venture capital trusts… times have been tough in the financial sector recently. In this complex environment, Virginia Hickley explores what IFAs can do to reduce the risk of facing a claim...
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