Regulation

Small firm consolidation in the financial advice market has yet to materialise as predicted because many owners are "hanging on" to the trail commission they earn on pre-Retail Distribution Review (RDR) business, according to one acquirer.

The Financial Conduct Authority (FCA) has banned former BlackRock managing director Jonathan Burrows for dodging rail fares worth £43,000.

Wealth management firms say they are being "crippled" by suitability requirements as the Financial Conduct Authority (FCA) increases its scrutiny of the sector.

HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

An IFA has launched a petition calling on the Financial Conduct Authority (FCA) to ban unregulated collective investment schemes (UCIS) outright.

Three things that changed advice forever in 2014

Morningstar head of portfolio management Dan Kemp has branded risk targeting strategies "lunacy", saying they force managers to sell assets at a time when investors will lose the most money.

An end of year two report card

The Financial Services Compensation Scheme (FSCS) and self-invested personal pension (SIPP) provider Standard Life have worked out a deal with the taxman over the tax status of recoveries related to ARM Asset Backed Securities.

Due diligence: What does the regulator really want from advisers?