Regulation

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?

A former financial adviser has been jailed for six years for stealing hundreds of thousands of pounds from vulnerable clients - including more than £103,000 from a person with learning difficulties.

Provider Aegon has been accused of poaching dozens of an adviser's clients but the Financial Conduct Authority (FCA) said the provider has broken no rules despite complaints from retirees.

Almost half of advisers believe the Financial Ombudsman Service (FOS) is unfair when adjudicating on advice cases, research suggests.

Suspended second hand life policy investment EEA Life Settlements has found a broker with clients interested in buying up investors' trapped holdings - at a discount.

Suspended, illiquid and distressed investments

A Serious Fraud Office (SFO) investigation into criminal wrongdoing by multi-million pound overseas investment Harlequin is entering the "final stages", the SFO said, as it asks investors for the latest information on their dealings with the company....

The Financial Conduct Authority (FCA) has banned another former director of one of the main distributors of troubled investment Harlequin Property, fining him £165,900 for failings linked to pension advice.