Regulation

An accountant has been sentenced to six years in prison after he was found guilty of running a £2.3m ‘Ponzi' scheme.

A financial adviser has been charged with 12 counts of fraud amounting to more than £1m.

Seven advice firms have been declared in default by the Financial Services Compensation Scheme (FSCS).

Investors who put money into failed life bond scheme Catalyst via their Standard Life self-invested personal pension (SIPP) have been told they have longer to wait before finding out if they are eligible for compensation.

A top regulatory lawyer has warned the Financial Conduct Authority (FCA) could eventually ban all forms of corporate entertainment for advisers by asset managers.

The Financial Conduct Authority (FCA) has charged the former treasurer and head of tax at supermarket giant Morrisons with insider dealing.

Simplified advice should not be restricted to those who have cleared their debts and had other ‘priority needs' met if the Financial Conduct Authority (FCA) is serious about closing the advice gap, according to a law firm.

Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.

The Financial Conduct Authority (FCA) has created a dedicated fund supervision unit to regulate and monitor individual retail funds for the first time, in a bid to better safeguard investors and consumers.

EEA Group, the company behind the EEA Life Settlements fund, is urging investors who believe they were mis-sold the product to complain to the intermediaries who arranged the sale, following an alert by the Financial Conduct Authority (FCA).