Regulation

The Financial Conduct Authority (FCA) has decided Europe-wide rules on recording client consultations do not require UK financial advisers to tape face-to-face meetings to prove they are acting in clients' best interests.

Rathbone Unit Trust Management chief executive Mike Webb has urged advisers to consider the sustainability of fund performance when doing their due diligence, as he warned there is "still too much herding" going on in the market.

The City's two watchdog's the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) have publicly censured the Co-operative Bank failings including hiding the truth about its capital position.

The Financial Ombudsman Service (FOS) has denied an IFA's claim a client who invested her pension into Harlequin property "would have found an alternative adviser if they had not acted".

The highest court in the UK has backed the Financial Conduct Authority (FCA) in a landmark case that could have far-reaching consequences for risky ventures.

Blame for Arch cru fund pricing errors, a fatal flaw at the heart of one of the biggest investment failures in recent years, has finally been laid at the door of the fund's administrator, Bordeaux.

The introduction of ‘safe harbour' legislation for financial advisers would be a welcome step towards rebalancing liability between advisers and clients, according to one stakeholder, after the government announced a major review looking at how advice...

Alastair Rush picks the areas he thinks the government's advice review should focus on...

This advice review could be the open door the regulator is looking for...

Like the fabled magic chalice, most advisers, certainly since RDR, say what the govt now wants cannot exist