Steve Bloor, of Open Resolution, says the Financial Ombudsman is a key defence against unscrupulous banks.

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Marcus Brookes, head of multi-manager at Cazenove, is backing Europe over the US despite the region's problems.

F&C's co-head of multi-manager Gary Potter - a self confessed bear on Japan for many years - said the country is turning around for the first time in two decades.

Firms who advised on investments in the failed CF Arch Cru Investment and Diversified funds have been contacting clients asking them if they want a review of the advice ahead of yesterday's deadline to identify investors eligible for redress.

Firms which fail to apply a pragmatic approach to complaints cause problems to escalate unnecessarily, Natalie Ceeney , chief executive of the Financial Ombudsman (FOS) has said.

The Financial Conduct Authority (FCA) has censured money transfer firm Horn Express for failing to safeguard and segregate customer funds.

Len Warwick, who has been described by colleagues as a "pioneer" of professionalism and treating customers fairly (TCF) in financial services, has died aged 68.

The Financial Conduct Authority (FCA) has banned a father and son who were directors of Which Mortgage for submitting mortgage applications to high street lenders containing false and misleading information.

Verbatim Asset Management, the investment arm of the SimplyBiz Group, is to provide its independent investment process to restricted national Sandringham Financial Partners.