The Association of Professional Financial Advisers (APFA) has called on the regulator to adjust next year's fees for advisers to "correct the error that occurred" in the previous year.
A client who protested about commission being taken from his pension without his permission and without receiving ongoing advice in return has had his complaint rejected by the Financial Ombudsman Service (FOS).
The Financial Conduct Authority (FCA) has issued a prohibition order against a financial adviser currently serving prison time for six counts of fraud.
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have launched enforcement investigations into failures at the Co-operative Bank which led to it receiving a rescue package of £1.5bn from its parent company.
Skagen has launched RDR-compliant clean share classes in the UK for its Kon-Tiki, Global and Vekst equity funds.
The Financial Conduct Authority (FCA) has hired ex-Kleinwort Benson chief executive Robert Taylor as head of wealth management and private banking in its supervision division.
The Bank of England (BoE) could lower the unemployment target it has said must be reached before it raises interest rates, according to some experts, as jobless figures fall faster than expected.
A fraud case brought by the Financial Conduct Authority (FCA) was dealt a lifeline by the Legal Aid Agency (LAA) after it 'declassified' the high cost case to attract barristers who initially refused to represent the defendants on recently reduced fees....
The High Court has ordered three companies involved in a £3.2m scam selling carbon credits to investors at inflated prices into liquidation following an investigation by the Insolvency Service.
The UK must address a ‘structural failure' in business finance if it is to develop domestic equivalents to the likes of Google or Samsung, according to the British Chambers of Commerce (BCC).