The Royal Bank of Scotland (RBS) has been fined £5,620,300 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions it made in wholesale markets and, in some instances, failing to report transactions at all.
The UK needs about 5,000 extra financial advisers to cope with the rising demand for retirement advice, research from Standard Life concludes.
One in five consumers will seek out first time advice in order to prepare for retirement, according to Axa Wealth.
Auditors of some of Britain's biggest companies should have to re-apply for the tender at least every five years, the Competition Commission has recommended, as part of a probe examining the dominance of the ‘big four' accountancy groups.
The Financial Conduct Authority (FCA) has dropped the persecution of three iSoft directors and the firm's ex-chairman, it announced today.
The Financial Conduct Authority (FCA) is preparing to restart its disciplinary action against Keydata founder Stewart Ford after his attempt to appeal a previous High Court ruling was quashed.
IFA firm Informed Choice is partnering with web development firm Codepotato to crowdsource a technology solution for IFA firms.
IFA acquirer and wealth manager Bellpenny has acquired Walton on Thames-based IFA Entire Wealth Management.