Fines totalling half a million pounds levelled against the former CEO and a director of failed traded life settlement investment firm Catalyst have been upheld.
The Financial Conduct Authority (FCA) has decided Europe-wide rules on recording client consultations do not require UK financial advisers to tape face-to-face meetings to prove they are acting in clients' best interests.
Sesame Bankhall Group (SBG) has lost almost 60% of its network's member firms in the wake of a decision to kill-off its problem-laden investment advice business.
Annuity businesses Just Retirement and Partnership have announced a merger deal.
The former chairman of the Federal Reserve has warned that the world is entering a bond market bubble.
The City's two watchdog's the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) have publicly censured the Co-operative Bank failings including hiding the truth about its capital position.
What does the merger of the IFP and CISI mean for UK financial planners?
PA speaks to professionals at every level of the IFP membership to find out what they think about it merging with the CISI
‘Membership message was being lost’: Former IFP president Marlene Outrim’s verdict on CISI merger
The Money Advice Service (MAS) is helping to launch a £700,000 fund to trial ways children as young as three years old can be taught the tools and information they need to manage their money later in life.