Regulation

Few investors would select to pay for financial advice based on a per-hour charge - or as a percentage of investible assets - research suggests.

LIABILITY

The Association of Independent Financial Advisers (AIFA) has proposed the idea of ‘customer agreed liability' as a way of tackling the absence of a 15-year long stop on complaints.

The total contribution from the Financial Services Compensation Scheme (FSCS) toward clients of failed brokerage Pritchard Stockbrokers is likely to reach £4m, according to the group's administrator.

The Financial Conduct Authority (FCA), one of the regulators due to replace the Financial Services Authority (FSA) next year, aims to develop a financial services market where the most successful firms are those that respond best to the needs of their...

Few consumers think the Financial Services Authority (FSA) is doing a good job, research from the Association of British Insurers (ABI) suggests.

The Government is considering replacing the current practice of increasing benefits in line with inflation, according to the BBC.

The boss of a futures brokerage has pleaded guilty to embezzling over $100m from 24,000 customers in the US state of Iowa.

The Financial Services Compensation Scheme (FSCS) is to begin sending application forms to customers of Pritchard Stockbrokers Limited in the comings weeks so they can claim compensation.

FIVE THINGS