Matthew Ames, son of troubled overseas property company Harlequin's chairman David Ames, has been found guilty of two counts of defrauding investors.
Two fifths of pension schemes are open to investing in alternative asset classes to reduce their portfolio risk, according to Aon Hewitt, increasing their need for advice in this area.
The Financial Services Compensation Scheme (FSCS) has begun paying out the claims of investors who put money into contracts for difference (CfD) with trader Direct Sharedeal.
Harlequin Property, a UK-based overseas property sales agent that is not regulated by the Financial Services Authority (FSA), is having problems issuing payments due under the terms of its agreement.
Advisers need to look at the product first and the client second when they are doing due diligence to meet the "very high" standards the Financial Services Authority (FSA) expects, according to Regulatory Legal, a law firm specialising in financial services...
The Association of Investment Companies (AIC) has warned venture capital trust (VCT) fundraising will halve next year, if the vehicles are not granted an exemption from the Financial Services Authority's (FSA's) sales ban on unregulated collective investment...
One of the main hotel resorts which received investment from overseas property firm Harlequin Property has not filed accounts for seven years.
The International Organization of Securities Commissions (IOSCO) has published guidance for intermediaries who advise on complex financial products, including a report detailing nine principles on best practice.
The Financial Services Authority (FSA) has issued a warning to advisers who recommend that clients invest in unregulated collective investment schemes in their self-invested personal pensions (SIPPs).
An innovative scheme allows investors to back bright students who are an excellent credit risk and have an exceptionally low default rate.
SPL Guernsey, the manager of what were the Arch Cru funds, is suing the former auditor of the fund range for £3.7m for breaches of duty in relation to the fund's accounts.
A number of self-invested personal pension (SIPP) providers have stopped taking investments into Caribbean property fund Harlequin Properties according to its biggest UK distributor, after concerns about it were raised by a law firm.
A lottery winner who invested £250,000 in Arch Cru is facing substantial losses after her financial adviser went out of business, only to re-emerge as a new firm months later.
Arch Financial Products (AFP) chief executive Robin Farrell made £492,359 from the sale of shares in the Arch group to the Arch Cru fund range, the Financial Services Authority (FSA) has revealed.
Arch Financial Products (AFP), Robin Farrell, AFP's chief executive, and Robert Addison, a senior partner and former compliance officer at AFP, have hit back at attempts by the Financial Services Authority (FSA) to ban them from working in financial services...
An Essex-based Caribbean luxury resort developer hit by delays has confirmed it will pay back some investors.
The managers of the suspended £117m Axiom Legal Financing fund carried out "little or no due diligence" on the cases in which they invested shareholders' money, according to KPMG.
The director of two ‘green' finance firms which allegedly took more than £1.2m from investors has been charged with fraud.
A former IFA who was banned for incorrectly promoting unregulated collective investment schemes (UCIS) has warned an UCIS "arms race" is building up among some providers and advisers to pile investors into the high commission schemes before the introduction...