Regulation

'Safe as houses': The lies of the ex-SJP man who promised the earth

The Financial Conduct Authority (FCA) has banned and fined £300,000 a former senior partner of St James's Place (SJP) after clients lost out investing in companies he controlled.

Hundreds of business owners affected by Royal Bank of Scotland's "turnaround" division for struggling companies are planning to sue the bank through a group legal action.

The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them.

Scottish fund managers have suffered outflows in recent months amid increased uncertainty over the outcome of the country's independence referendum.

Aegon would establish a new registered life company in England should Scots vote for independence on 18 September.

The Financial Conduct Authority (FCA) has launched civil proceedings against individuals it believes have carried on regulated activities without authorisation while purporting to be a private bank.

The UK financial services industry's hand in European Union negotiations has been strengthened by the surprise appointment of a Conservative peer to the key role of European Union (EU) commissioner for financial services.

The chief executive of the Financial Conduct Authority (FCA) has said the market will innovate to close any advice gaps created from changes brought in following the Retail Distribution Review (RDR).

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), said he has confidence the Money Advice Service (MAS) is a "competent organisation", though said it faces a huge operational challenge to deliver the free financial guidance...