Regulation

The Financial Services Compensation Scheme (FSCS) has begun processing about 150 individual claims related to advice to invest in tax 'mitigation' schemes after being given the green light by lawyers.

An expat adviser a couple met when they retired to Spain has trapped their £380,000 pension pot in a collection of high risk problem-laden unregulated investments, leaving them in danger of losing everything.

The Financial Conduct Authority (FCA) is planning to update its rules for retail clients advised to buy offshore life insurance bonds, affording them greater protection.

The City regulators will launch a new Financial Services Register to make it easier to find information on those they regulate - including scam firms for the first time.

Financial advisers who put ordinary investors' money into collapsed £60m property scheme Arck face an even greater struggle with complaints, after the Ombudsman upheld a ruling that the investment was likely to be suitable only for sophisticated clients....

Investment giant BlackRock has acquired US robo-advice business FutureAdvisor, through which it plans to reach out to the "mass affluent".

Should advisers include 'cost of regulation' in fees breakdown?

A firm marketing hedge fund and pay day loan investments to the general public has bowed to pressure from financial advisers and pledged to overhaul its website after concerns the language it uses sets out to deceive potential investors.

A recent rule change preventing the Financial Ombudsman Service (FOS) from dismissing complaints about investment performance outright will have little impact on the industry, according to lawyers and the FOS.

Should RDR II resurrect the Man from the Pru?