A landmark court ruling in the British Virgin Islands, based on one of the biggest Bernard Madoff feeder funds, will stop any BVI fund from being able to claw back investor redemptions.
The Financial Services Authority (FSA) and the US Securities and Exchange Commission (SEC) held joint talks today on how to tighten cross-Atlantic regulation and enforcement.
The Financial Services Authority (FSA) has fired a warning shot at firms who have yet to begin transitioning to adviser charging, branding them a "big concern".
All advisers who recommended Keydata products to low or medium risk clients who later claimed compensation, face the threat of legal action and crippling repayments to the Financial Services Compensation Scheme, lawyers acting for the organisation have...
Advisers who avoid talking about products during client meetings improve their sales by 80% on average, according to Strategic Coach's Dan Sullivan.
A corrupt cop, dodgy tax collector and the bad guys will win from compulsory pensions; our round up of this morning's news from the nationals.
Berkshire Hathaway chief executive Warren Buffett has revealed his gross income last year was nearly $63m.
About 4,000 people are planning a mass demonstration outside the London Stock Exchange to protest against "financial injustices", in a move to expand the Occupy Wall Street demonstrations that began in New York.
Lawyers acting for the FSCS have sent IFAs who recommended their clients invest in Keydata - and who the FSCS has now paid compensation - letters of claim saying the scheme will pursue the firms for recovery of the money.
The European Commission's draft Markets in Financial Instruments Directive (MiFID) II would, if implemented, ban platforms from issuing fees to discretionary fund managers (DFMs), which would have to come direct from clients.