In the latest instalment in our series putting short-but-sweet questions to industry figures, Andrew Fisher, chief executive of wealth adviser Towry and, we think it's fair to say, a divisive figure, takes the stand...

The Financial Conduct Authority (FCA) is set to examine wealth managers' and private banks' business models as it establishes a new division to scrutinise the sector.

Wealth manager Ashcourt Rowan posted a loss of £2.5m in the 12 months to April as the group continues its transformation into a holistic financial planning business.

HM Revenue & Customs (HMRC) is set to de-register up to 500 pension 'liberation' providers as part of a wider crackdown on the schemes.

Financial advisers are being invited to cast their votes in three key categories at the Aberdeen UK Platform Awards.

More than £10bn has now been returned to payment protection insurance (PPI) policyholders by the banks and building societies that mis-sold it to them, according to the latest figures from the Financial Conduct Authority (FCA).

The former chief executive of collapsed brokerage firm MF Global has been charged with misappropriating about £1bn of client money.

Scottish Widows has launched an enhanced annuity as part of plans to increase its share of the wider annuity market by 10% over the next three years.

Aegon UK has launched a simple life protection product providing up to £500,000 worth of cover to advised clients aged between 18 and 49.

Wrap platform Novia has added Smith & Williamson's guided architecture service to its adviser proposition.