Regulation

HSBC is to review historical pension transfer cases to see if it is earning trail income for ongoing advice it is not delivering.

The former appointed representatives (ARs) of failed network Alpha 2 Omega (A2O) are facing multi-million pound legal claims as the Financial Services Compensation Scheme (FSCS) tries to claw back the money it paid to mis-sold investors.

Halfway there: Adviser risk during the ‘laborious’ asset migration process

The regulator has launched a national campaign focused on investment fraud and how to spot potential scams.

The unbundling of dealing commissions could have a more significant impact than the Retail Distribution Review on asset managers, with smaller groups and fund ranges particularly at risk, analysts have warned.

Advisers are asking more and deeper questions when probing what Zurich's platform has to offer, the insurer's head of retail platform strategy Alistair Wilson (pictured) has said.

The Financial Conduct Authority (FCA) is coming down hard on firms that continue to act outside of its rules on financial promotions, with the number of adverts withdrawn or amended by the regulator jumping 61% in the last year.

Banking giant HSBC has been told to return the trail commission it took from a retiree for ongoing pensions advice it never delivered.

Advisers should notify their insurers early if they think they may be facing claims from advice to invest in tax avoidance schemes, a professional indemnity insurance (PII) lawyer has warned.

European Parliament has given the green light for Lord Jonathan Hill to be European Union (EU) financial services commissioner, despite facing tough questioning from sceptical MEPs.