IFA TailorMade Independent (TMI), which advised on investments with troubled overseas property agent Harlequin Property, has launched an internal review of its processes following a visit by the Financial Services Authority (FSA).
Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has outlined his plans to restore consumer trust in financial services.
Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has praised financial advisers for their treatment of clients.
Towry director and senior client partner Gaius Jones is to join Ashcourt Rowan as chief executive.
The Financial Ombudsman (FOS) has confirmed that it will be imposing a levy on regulated businesses for 2013/14 of £23m, up 30% from £17.7m last year.
The Financial Ombudsman Scheme (FOS) will begin naming complained about firms from the summer under new powers to publish final decisions that it has under the Financial Services Bill.
Financial services firm True Potential says the Budget has underlined the ineffectiveness of cash savings.