The Money Advice Service (MAS) made a loss of £786,000 last year and has confirmed it will not return any capital to the industry.
The highest court in the UK has backed the Financial Conduct Authority (FCA) in a landmark case that could have far-reaching consequences for risky ventures.
In the week the government launched a major review of the financial advice market, Professional Adviser looks at the impact the Tories have had on the sector in their first 90 days in power...
UK economic growth will slow down in the third quarter of the year, the National Institute of Economic and Social Research said, halving a previous estimate.
Blame for Arch cru fund pricing errors, a fatal flaw at the heart of one of the biggest investment failures in recent years, has finally been laid at the door of the fund's administrator, Bordeaux.
EQ Investors, the boutique wealth manager led by Bestinvest founder John Spiers, has launched an investment service for high-net-worth individuals, companies and charities with over £750,000 to invest.
An independent financial planning firm will offer its clients legal services as part of a joint venture with a law firm.
Alastair Rush picks the areas he thinks the government's advice review should focus on...
This advice review could be the open door the regulator is looking for...
Like the fabled magic chalice, most advisers, certainly since RDR, say what the govt now wants cannot exist