Regulation

Criminal gangs who trick people into investing in worthless shares have been targeted by police in the biggest ever international crackdown on the fraud.

The skill of active fund managers "adds real value" to investors, but the market may need to improve at identifying that skill quicker, according to Investment Management Association (IMA) chief executive Daniel Godfrey.

Private equity firm Permira has announced plans to combine Tilney, Deutsche Bank's regional wealth management business, and Bestinvest in order to form a standalone wealth manager with about £9bn of assets under management.

The Financial Services Compensation Scheme (FSCS) has said it no longer expects to raise an interim levy on investment advisers for the 2013/14 period.

When should advisers report unregulated investments to the FCA?

Standard Life has put contingency plans in place to relocate its operations should Scotland vote for independence.

The Financial Conduct Authority (FCA) has fined Forex Capital Markets and FXCM Securities (FXCM UK) £4m for allowing the US-based FXCM Group to withhold profits worth £6m that should have been passed on to the UK business' clients.

EU policymakers have agreed a deal on pay in the asset management industry which includes a requirement that fund managers be paid half of any bonuses in units of their own funds.

Banking giant Credit Suisse "helped" thousands of its US customers avoid tax by opening Swiss accounts on their behalf, a report has claimed.

Investment Management Association (IMA) chief executive Daniel Godfrey says we should "interrogate quite hard" the assertion that the price of fund management has dropped elsewhere in the world, but not in the UK.