An IFA who contacted his professional indemnity (PI) insurer to cover Keydata advice redress claims from lawyers for the FSCS has had his application rejected.
The Financial Services Authority has secured a High Court decision against an unauthorised land banking firm, and repayment to victims of £200,000.
Could 2012 be the year low cost active funds emerge as a savvy way to keep charges down, or will they be exposed as a get-out clause for managers trying to gain space in the post-RDR world?
Britons rank second in a list of non-US nationals most keen to tip America's regulators off about suspected financial crime, according to the first annual report on the Securities & Exchange Commission's whistleblower program.
Exiting advisers on the hunt for buyers for their firms are being warned to beware tempting deals which could have hidden pitfalls.
Resolution founder and chairman Clive Cowdery has bought a further stake in the consolidation vehicle.
The Financial Services Authority has begun an investigation into firms which recommended Arch Cru investments.
An 80 year old man suffering from cancer lost £500,000 after a Royal Bank of Scotland adviser sold him a pension from Aviva, which saw the insurer keep almost all of the money as he died before it began paying an income.
Sir Fred Goodwin could face criminal charges after the FSA's report into the collapse of the Royal Bank of Scotland (RBS) suggested the bank's directors broke Britain's accountancy laws.
Pensioners retiring today are 62% worse off than those who retired 20 years ago because of falling gilt yields.