A boiler room scammer used a real IFA's name and FSA number to con investors out of thousands of pounds.
The City of London police and the FSA are warning investors to be on their guard as boiler room fraudsters are using new tactics to persuade investors to pay tens of thousands of pounds for non-existent shares.
IFAs who referred clients to advisory service debtDr fear they could be targeted for compensation after the firm went bust last night with no details available about the whereabouts of client money.
Three past and present IFAs have broken the taboo on talking about their encounters with an FSA investigation team. Laura Miller discovers an industry divided between suspicion of the rule maker and fair-minded support for the rules...
SIPP investors' demand for unregulated collective investment schemes is on the rise, despite a series of high profile failings and regulatory warnings about the products.
The FSA has fined N&P £1.4m for giving unsuitable advice on Keydata products, on top of the £51m it must pay out in compensation.
With individual annual earnings higher than many millionaire's entire fortune, this is one group of ten men who definitely aren't struggling.
The FSA is investigating Prudential and its investment bank advisers Credit Suisse, JPMorgan and HSBC over the insurer's $35bn aborted bid for AIA, according to reports.
Gold rose to a record high above $1,500 a troy ounce and silver soared past $45 yesterday as developed countries' huge debt burden further pushed the appeal of the precious metals.
Financials dominate Forbes 2010 list of the biggest, most powerful companies in the world after a year of stellar performance and eye-watering profits.