Regulation

Most financial advisers do not understand all of the charges levied by fund providers, Alan Miller, founder of SCM Private said.

The FSA has varied the permissions of national stockbroker Pritchard for failing to adequately protect client money.

The Financial Services Compensation Scheme (FSCS) is set to deal with thousands of compensation claims related to the collapse of broker MF Global, with more expected.

The Financial Ombudsman Service (FOS) has ruled against a bank for advising a client to invest £3.2m in a bond issued by failed US insurer AIG.

The Financial Ombudsman Service (FOS) is in the process of deciding how it will go about publishing its decisions, and one of the main points of contention has been whether or not it should name the firms involved.

The government has once again turned down a request from an MP for an independent investigation into the Arch Cru collapse.

The FSCS is unlikely to recoup compensation costs from Keydata-backer Lifemark after it moved a step closer to administration, with its provisional adminstrator declaring it is unable to restructure it.

The Financial Services Authority's judgement-based, twin peaks system must be embraced by the industry and lead to behavioural and cultural changes in both firms and regulators, according to Hector Sants.

The Financial Services Authority is to commence with enforcement action against UBS AG following an investigation into losses incurred by the investment banks as a result of alleged 'rogue trader' activity.

An alarmingly high number of consumers do not know how to risk-rate standard financial products, such as equity ISAs and with-profits bonds, research suggests.