Regulation

A former JP Morgan investment adviser has been accused of stealing at least $20m from clients and using the money to trade on his own account and to pay off his mortgage.

Ernst & Young (EY) has paid $10m to settle claims it was negligent in it duty as auditor when it failed to raise the alarm when Lehman Brothers was heading towards collapse.

Advisers and investors face further uncertainty over their fate as the Financial Services Compensation Scheme (FSCS) has once again delayed a ruling on advisers' liability for investment losses in overseas property scheme Arck.

Does this extraordinary list prove there's a market for it?

Investment advisers are still heavily reliant on income paid through commission, according to the latest research by the Association of Professional Financial Advisers (APFA).

The Conservative party has promised a range of cuts if it wins power in the general election in May.

Research and ratings group Rayner Spencer Mills Research (RSMR) has launched a range of model portfolios for directly authorised small advisory firms.

The Financial Conduct Authority (FCA) has fined Clydesdale Bank £20.6m for serious failings in its payment protection insurance (PPI) complaint handling processes that may have led to thousands of claims being rejected unfairly.

The Financial Conduct Authority (FCA) has warned of a scam firm using the details of investment manager BlackRock to defraud investors.

With less than four weeks to go until the general election, wealth managers and strategists give their view on how investors should be positioned.