Simplified advice should not be restricted to those who have cleared their debts and had other ‘priority needs' met if the Financial Conduct Authority (FCA) is serious about closing the advice gap, according to a law firm.
Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.
The Financial Conduct Authority (FCA) has created a dedicated fund supervision unit to regulate and monitor individual retail funds for the first time, in a bid to better safeguard investors and consumers.
A financial advisory business can permit its advisers to refer clients to specialist colleagues within the company and remain independent, following an about-turn by the Financial Conduct Authority (FCA).
Does latest FCA data offer further evidence of declining adviser claims?
Barclays, Fidelity and HSBC have been flagged by the Financial Conduct Authority (FCA) as the most complained about firms for investments in the first half of 2014.
The Financial Conduct Authority (FCA) has banned an investment and mortgage adviser for submitting fake and misleading mortgage applications.
Friend or foe: Can platforms really help advisers with asset migration?
The Financial Conduct Authority (FCA) is inviting investors in the EEA Life Settlements fund who bought directly or via a financial adviser to consider making a complaint as it believes some are "likely to have been mis-sold the product".
Receiving a letter from the ombudsman saying a customer has made a complaint does not mean a case has been opened, the Financial Ombudsman Service (FOS) has advised.