Regulation

Victims of the Bayshore Nominees boiler room scam are to receive just 7p back for every £1 invested, according to the Financial Services Authority.

Pave Financial Management is to have its permissions cancelled by the FSA following the mis-selling of unregulated collective investment schemes (UCIS), with two of its directors also being punished.

Police have arrested five men as part of its investigations into a small number of suspicious trades reported by Bristol-based stockbroker and wealth manager Rowan Dartington.

The Royal Bank of Scotland (RBS) today announced it is planning to cut 3,500 jobs as part of a reorganisation of its investment bank.

The Financial Services Authority has charged a 42-year-old with eight counts of insider dealing and two counts of money laundering.

It's a call some advisers might be dreading and, for many firms, it could compound the challenges they already face in 2012.

The government has taken a step towards creating tax-transparent collective investment schemes (CIS) within the UK.

Fund launches reached a decade low last year as groups held back new products in the face of market volatility.

The Complaints Commissioner has rebuked the FSA for publishing "misleading" and "ambiguous" information about cheque clearing times on its website.

The Association of Independent Financial Advisers (AIFA) has hailed the increase in the ombudsman's free case fee threshold as a positive move for IFA firms.