James Burns, head of the multi-manager desk at Smith & Williamson, said he sees investment opportunities in Europe, Japan and the United States (US).

The IFA Centre and law firm Harcus Sinclair have today launched a website designed to handle the public response to news that Harcus Sinclair is building a case against Capita Financial Managers on behalf of investors in the Arch Cru funds.

A BBC producer who was working on a Panorama programme about troubled overseas property agent Harlequin Property has left the corporation as it emerged that Harlequin is to take an allegation of bribery against him to the police.

Prudential paid its chief executive officer Tidjane Thiam £7.8m last year despite him being reprimanded by the Financial Services Authority (FSA) over a bid for AIA Group.

Openwork, the restricted network, has become a member of the Association of Professional Financial Advisers (APFA).

REGULATION

The Chartered Insurance Institute (CII) looked into 525 disciplinary cases in 2012, according to its latest Professional Standards Board report.

The Financial Conduct Authority (FCA) has issued an alert to consumers not to fall foul of a website which is a clone of London-based wealth manager.

The Upper Tribunal has backed the Financial Services Authority's (FSA) decision to ban an insurance broker who fraudulently obtained a £20,000 overdraft on the grounds that he is "not a fit and proper person".

Consumers are missing out on £18.3bn worth of compensation for the mis-selling of payment protection insurance (PPI) policies, according to research by claims management firm EMCAS.