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Financial Conduct Authority (FCA) technical specialist Rory Percival has hinted the regulator and ombudsman are working to agree on guidelines around suitability reporting for advisers.

The regulator's definition of "vulnerable consumer" must include those with gaps in their understanding of financial terms and products to prevent another misselling scandal, a software provider has said.

Legal & General (L&G) has posted an operating profit growth of 10% for the last year following a strong performance of its retirement division.

Non-executive director of the Financial Conduct Authority (FCA) David Harker has died aged 64 after a short illness.

The majority of advisers have turned clients away in the last year, mainly because they were concerned the advice was too expensive, research from the Association of Professional Financial Advisers (APFA) suggested.

Successful fund managers share a number of common traits. But, as Jason Broomer writes, be careful what you look for...

Adviser consolidator Succession Group has bought tax planning and investment firm Cassidy Coutts, adding £50m to its funds under management.

This week's events, hires (and a joke

Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.

Former chief executive of Bestinvest John Spiers has raided his old firm for five senior wealth management staff to build a new discretionary investment proposition aimed at high net worth clients.