Regulation

The unavoidable challenges facing simplified advice

An adviser has finally secured the return of £190,000 to his clients after a two year battle over unsuitable advice with one of the world's largest IFAs.

Two rogue traders were found guilty and have been sentenced to a combined nine years in prison for defrauding investors and operating a collective investment scheme without authorisation.

The London office of one of Europe's biggest banks is being investigated by regulators because of serious concerns over the way it is run.

SIPP investors ‘punished still further’ on cash interest rates

Advisers are not asking the right questions when doing due diligence on discretionary fund managers (DFM), one such firm has said, in response to criticism it is "impossible" to compare their costs and services.

Angry investors are planning legal action against the regulator in a bid to claw back losses they claim its predecessor caused when it branded their traded life settlement investments "toxic".

The Financial Services Compensation Scheme (FSCS) has declared one former network and nine other advice firms in default.

Advice to invest in a troubled unregulated overseas property scheme has helped push 24 firms over into failure, the Financial Services Compensation Scheme (FSCS) has said.

The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.