Regulation

Is the Keydata scandal coming to a close?

Eight men have been convicted for their roles running an unauthorised investment scheme which lost 110 investors more than £4.3m.

The financial regulator may have raised hopes of lower FSCS levies under its latest capital adequacy proposals, but advisers say there is a simpler way...

The Financial Conduct Authority (FCA) could up the amount of easily accessible cash advisers have to hold to 10% of their yearly investment advice earnings, in a bid to stop firms failing in the face of a "normal" level of complaints.

Lies and secret fees: Why is the FCA trying to fine Stewart Ford £75m?

The Financial Ombudsman Service (FOS) has criticised a high street bank for improperly classifying a risk-averse couple as ‘experienced' investors, and ordered it to re-calculate its initial offer of compensation.

A website is offering telemarketers access to hundreds of individuals it claims are interested in transferring their pots, for a small fee.

Stewart Ford is seeking £650m in damages from the financial regulator and administrator PricewaterhouseCoopers (PwC) for "causing" the collapse of Keydata, the investment firm he founded and which attracted almost £500m of investors' capital.

Ten of the biggest investment fines

The Financial Conduct Authority (FCA) has indicated it plans to fine former Keydata chief executive Stewart Ford £75m and ban him from any role in financial services for failings related to the investments' sales and, ultimately, failure.