Regulation

The Financial Services Compensation Scheme (FSCS) could face paying out tens of millions of pounds linked to claims of bad advice to invest in film and property schemes, as an advice firm teeters on the brink of default.

Sheriar Bradbury sees it from the provider's point of view

Hargreaves Lansdown moves to restricted advice model

Lessons on robo-advice

Advisers must work together to tackle toxic firms

The Financial Conduct Authority (FCA) is likely to delay its consultation on incoming MiFID II conduct rules for advisers, as it wants to determine the impact of its own advice review first, its markets policy manager has said.

The Financial Conduct Authority (FCA) has sent out 4,600 letters to firms asking them how much it would cost them to implement European legislation the Markets in Financial Instruments Directive (MiFID II).

Adviser network Sesame posted a loss of £10.3m in the year before it pulled the plug on its investment adviser arm - £20m less than the previous year, latest accounts show.

The Association of Professional Financial Advisers (APFA) has called on the regulator to cut its handbook on adviser disclosure by a third, saying too many rules lead to lengthy suitability reports that confuse consumers.

Carbon credit adviser Archer Bramley has been named as one of 28 investment and pensions firms declared in default by the Financial Services Compensation Scheme (FSCS) between May and August.