Regulation

Restricted wealth manager Towry is planning a "busy" year of acquisition, according to its CEO.

Aviva Investors has introduced Retail Distribution Review (RDR)-ready share classes for a range of its most popular funds to cater for the needs of UK advisers and intermediaries.

Just 2% of advisers in the Tenet network have gone restricted, after the firm encouraged members to remain independent.

The Financial Ombudsman Service (FOS) has ruled that an IFA should repay an investor £150,000, the amount he recommended he invest in a troubled unregulated collective investment scheme (UCIS).

The Financial Services Authority (FSA) has taken action against Ilford-based non-advisory business Baronworth Investment Services - and its chief executive Colin Jackson - for failing to ensure its direct-offer financial promotions were ‘fair, clear and...

An IFA is planning to raise with the Financial Services Authority (FSA) concerns he has that some closed fund companies are not treating customers fairly.

The Financial Services Authority (FSA) is advertising jobs for university graduates on a student website.

The Financial Ombudsman Service (FOS) is set to ask the Financial Services Authority (FSA) to increase the amount it levies firms by £5.3m to £23m.

The Financial Ombudsman Service (FOS) is proposing to increase the individual fee for firms who have complaints against them from £500 to £550 per case, but will also up the number of 'free' cases to 25.

The Financial Ombudsman Service (FOS) has said the number of complaints it has received about investments has increased by a third this financial year.