Regulation

Support services provider SimplyBiz is launching a series of events focusing on investments and the sunset clause.

The Serious Fraud Office (SFO) is investigating the suspended £120m Axiom Legal Financing fund and its founder Tim Schools, Professional Adviser understands.

A solicitor who masterminded the now collapsed £120m Axiom Legal Financing fund has been struck off for "serious and continued" misconduct at one of the main law firms that received money from the fund.

Coutts has put aside £110m to compensate clients who may have been sold unsuitable investments over the past 60 years.

A web of deceit: How one IFA's trickery led to his downfall

The Financial Conduct Authority (FCA) has fined the director of a London advice firm £350,000 and banned him from practising for mis-selling high risk unregulated collective investment schemes (UCIS).

The Financial Conduct Authority (FCA) has fined Deutsche Bank £4.7m for incorrectly reporting financial transactions for six years between November 2007 and April 2013.

HSBC has vowed to fight a $250m (£151m) lawsuit brought against it over its alleged involvement in the Keydata scandal.

The Whitechurch Network spent more than £704,000 in 2013 settling claims related to advice given by its appointed representatives on Keydata and Arch Cru.

The Investment Management Association (IMA) is understood to be looking at a range of sectors for the increasing number of risk-targeted funds which are choosing to remain unclassified.