AWD Chase de Vere has defended its recommendations as "sound" after it became the latest IFA accused of giving negligent advice on Keydata products by lawyers acting for the Financial Services Compensation Scheme.

The redress deal struck by the Financial Services Authority and Capita, HSBC and BNY Mellon will return Arch Cru investors just 10%-15% of their original capital, according to lawyers who have seen the offers.

Minutes of meetings at the Bank of England's during the financial crisis should remain secret, its most senior independent director has insisted, prompting a backlash from MPs.

The Financial Services Authority (FSA) is proposing to change the way it shares surplus proceeds from enforcement fines so innocent firms in heavily-levied fee blocks reap more.

The FSA is proposing to change the way it calculates regulatory fees to replace the existing headcount of approved persons with an income measure from 2013/14.

Capita Financial Managers has today sent a further letter to investors who lost money in the Arch Cru fund range to set out their individual entitlements under a £54m payment scheme.

The City of London is "under constant attack" from European Union regulations, David Cameron has said. Read more on this and the other top headlines in our round-up of the nationals.

Structured product provider NDFA was advised that both the courts and the Financial Services Authority would likely hold it liable for investors' losses due to "negligence and misrepresentation" in the marketing of its Lehman-backed plans, just weeks...

The UK regulator has vowed to fight on for a full commission ban, but Europe is drafting rules based on the preferences of most member states..

Disillusioned with trade and professional bodies, advisers are rediscovering the power of the strongly-worded letter...