The Financial Conduct Authority (FCA) is writing to clients of advisers who reported a below average opt-in rate for its Arch Cru redress scheme - to ask if they believe they had been properly informed.
The Financial Ombudsman Service (FOS) has hired trend forecaster the Future Foundation to conduct a review of the ombudsman's role in the changing world of financial services.
The Financial Services Compensation Scheme (FSCS) has said it expects to raise a supplementary levy on investment advisers before the end of the current levy year, to make up for losses incurred by the failings of ARM bonds and their distributor Catalyst....
A former adviser and his business partner were found guilty of six charges in relation to giving unauthorised advice and concealing facts by a court on Thursday.
Zurich has created two new management roles in its UK life business to "take full advantage of significant market opportunities" and has hired former chief operating officer of Aegon employee benefits Iain Black.
Standard Life has teamed up with Barnett Waddingham to launch a 'consultancy light' auto enrolment (AE) solution for small and medium sized businesses.
The regulator is moving away from an over-reliance on static rules and regulations to a "good judgement" approach, and expects the industry to follow suit, Martin Wheatley has said.
The Financial Services Compensation Scheme (FSCS) is expecting to make further payments to Keydata investors from Lifemark recoveries after reviewing the case.
Listed IFA AFH Financial has raised a further £500,000 from private investors for acquisitions, although the firm says it has got not targets in mind.