Lawyers are urging investors who have been advised to invest in disputed tax avoidance schemes to take their financial advisers to court for compensation.
Financial advisers will be held liable for losses suffered by clients in relation to three Stirling Mortimer funds if misselling can be proven, the Financial Services Compensation Scheme (FSCS) has said as it started processing claims.
Retweet at your peril: Eight FCA social media dos and don'ts
The Financial Conduct Authority (FCA) has dropped its suggestion firms should be using #ad in financial promotions on Twitter, following industry concerns about its appropriateness.
The Financial Conduct Authority (FCA) has banned Stephen Bell, the former compliance director of network Financial, for "systemic weaknesses" in the business' compliance process, and fined him £33,800.
An industry initiative managed by the Tax Incentivised Savings Association (TISA) and backed by 50 firms and trade bodies has called on the regulator to agree on a ‘common sense' standard for the delivery of guidance to consumers.
The Financial Conduct Authority (FCA) is to investigate the activities of the former operators of the Connaught Income Series 1 fund, Capita Financial Managers and Blue Gate Capital.
The government is to force tax avoidance schemes to reveal they are being monitored by HM Revenue & Customs (HMRC) as part of its wider clamp down on tax crime.
A former IFA has been jailed for ten years for defrauding investors of at least £3.5m in what has been branded a "classic Ponzi scheme".
A former Legal & General (L&G) adviser faces jail after being found guilty of stealing nearly half a million pounds from an elderly couple.