The decision to answer your phone could potentially cost you thousands, particularly if the caller is from a firm offering the latest in get-rich-quick investment products. It used to be shares in unlisted companies that were the hallmark of these cold...

The Financial Services Authority (FSA) failed consumers and the Financial Conduct Authority (FCA) must take a "radically different approach" to regulation, a group of influential MPs has said.

The Financial Ombudsman Service (FOS) has made a provisional ruling that a financial adviser working for AWD Chase de Vere was wrong to invest almost £80,000 of an 80-year-old's pension in failed fund Keydata.

A judge has refused to lift a lifetime ban on an adviser who was struck off for failing to compensate clients who the Financial Services Authority (FSA) found he had caused to lose "substantial" money from their pensions.

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The Financial Services Compensation Scheme (FSCS) is to review the issues raised by the Financial Services Authority's (FSA) Arch Cru redress scheme for the purpose of deciding claims.

The directors of the suspended £117m Axiom Legal Financing fund have caved in to pressure from shareholders to replace KPMG as receiver of the fund with Grant Thornton.

Legal & General (L&G) decided not to charge an hourly rate to clients using its restricted service because doing so could have done "dis-service" to them, according to the group's managing director for banks and building societies.

Malcolm Streatfield, chief executive of the Lighthouse Group, has transferred 233,333 ordinary shares of 1p in the company into his self-invested personal pension (SIPP).

Royal Bank of Scotland is facing the prospect of a £500m fine over its role in the Libor interest rate-rigging scandal.