The Financial Conduct Authority (FCA) is planning to update its rules for retail clients advised to buy offshore life insurance bonds, affording them greater protection.
Concerns are being raised over the disclosure policies of some specialist investment trusts as investors continue to pile into alternative assets.
A victim of convicted fraudster financial adviser Chris Bladen is fighting banking giant HSBC for compensation, alleging the bank failed to recognise he 'forged' signatures on his account.
An industry initiative managed by the Tax Incentivised Savings Association (TISA) and backed by 50 firms and trade bodies has called on the regulator to agree on a ‘common sense' standard for the delivery of guidance to consumers.
The Financial Services Compensation Scheme (FSCS) has appointed eight law firms to form a new in-house panel, which it expects to manage the majority of its legal advice and representation.
An independent inquiry into the Financial Conduct Authority's (FCA) release of information about its investigation into the fair treatment of long standing life company customers could cost up to £10m, according to a costs lawyer.