For your reading pleasure...

Have politicians forgotten basic behavioural finance?

The Financial Conduct Authority (FCA) has banned the former director of an advice firm for causing clients to lose more than £2m in high risk schemes.

Expertise applied ad-hoc for a fixed fee

Brave new world

The Financial Ombudsman Service (FOS) has dismissed a widow's complaint that Aegon mis-sold her late husband an annuity that meant she got next to nothing when he died suddenly.

A film scheme that was ruled to have been used by investors including high-profile celebrities solely to avoid tax plans to take its fight to the highest court in the land.

Teamwork takes practise

Investment advisers still need to make "substantial" improvements in demonstrating the suitability of their advice, despite a series of warnings, the regulator has found.

Salesmen selling investments in self-storage units have said they lied and forged documents to persuade investors to part with pensions worth £100m.