Regulation

The Financial Ombudsman Service (FOS) has listened to industry complaints about the burden of regulatory cost and cut its budget by 11% for the coming year.

A former independent financial adviser who set up a "no-risk gambling" Ponzi scheme has pleaded guilty to five counts of fraud.

The Financial Conduct Authority (FCA) is to review the suitability of retirement advice following the pension ‘freedoms' set to be introduced next month.

The regulator has encouraged people to seek independent financial advice if approached about investing their pension, as it warned of a rise in investment scamming ahead of the pensions freedom coming into force in April.

Two ex-directors of failed adviser TailorMade Independent (TMI) - the main distributor of £400m troubled unregulated property scheme Harlequin - have been banned and fined by the regulator for not assessing the suitability of clients' investments made...

A former trader has become the third person to be sentenced in what marked the end of the first phase of the regulator's "largest and most complex insider dealing investigation" to date.

Advisers could face criminal charges under new powers for HM Revenue & Customs (HMRC) following the Budget if they fail to prevent tax evasion by inherited clients, a lawyer has warned.

Chancellor George Osborne has announced a 'radically more flexible' ISA system as he used the final Budget of the current Parliament to offer more saver-friendly policies to the electorate.

Live coverage from Chancellor George Osborne's final Budget of the current government. Join us from 12:30 for news and analysis of the key points effecting you and your clients.

A Bank of England official has said asset managers, insurers and clearing houses in UK should be subject to the same stress tests faced by banks.