Regulation

The Financial Conduct Authority (FCA) has warned investors of a new boiler room scam operating under the same name as authorised firm LBV Asset Management.

Support services provider SimplyBiz has launched an auto-enrolment (AE) tool to help its member firms deal with an anticipated influx of AE business.

Calls to the Financial Conduct Authority's (FCA) whistleblower hotline to report malpractice are continuing to rise, according to figures obtained by investigations firm Kroll.

IFA consolidator Bellpenny has bought two more businesses with combined funds under management of £187m.

The Financial Ombudsman Service (FOS) plans to freeze the levy it collects from firms and cut its budget by 20% over the coming year.

National IFA firm Foster Denovo has appointed former Financial Conduct Authority (FCA) supervisor Jane McTigue as compliance and risk director.

Treasury committee chairman Andrew Tyrie has called on the regulator to scrap the "fundamentally flawed" approved persons regime for advisers and instead align the sector with the new standards being brought in for the banking industry.

A Conservative MP has warned annuities could become the next financial services mis-selling scandal without an urgent and radical overhaul.

Government plans to increase spending on state pensions have been criticised as "unaffordable and irresponsible" in a report by a free market think tank.

Skandia has extended its ‘Best Start in Life' trust to the UK platform in light of demand for the planning solution through the international business.