The City regulator has begun an investigation into the role of former senior directors at the Co-operative Bank.
Consumers are oblivious to the 'bigger industry picture' and are easy targets for unregulated 'advisers' who sell them risky products while collecting commission, an IFA has warned.
A suspected boiler room has had an unlimited worldwide asset freezing order placed upon it by the Financial Conduct Authority (FCA) after a High Court judge agreed that First Capital Wealth Limited (FCW) posed a serious risk to consumers.
US futures firm MF Global Holding has been ordered to pay $1.2bn (£740m) in restitution to its customers over its collapse.
One of the regulators who rubber-stamped the appointment of disgraced former Co-op Bank chairman Paul Flowers later landed a job with the troubled lender, according to reports.
A group of investors is preparing to pursue self-invested personal pension (SIPP) provider Stadia Trustees for hundreds of thousands of pounds via the Financial Ombudsman Service (FOS) for what it claims was its failure to carry out proper due diligence...