The Financial Services Compensation Scheme (FSCS) has begun processing about 150 individual claims related to advice to invest in tax 'mitigation' schemes after being given the green light by lawyers.
Advisers should 'stop carping' about FSCS levy bills
Chancellor George Osborne will deliver his Autumn Statement alongside the government's spending review on 25 November.
Introducing a long-stop to financial advice liability is the only way a properly functioning mass-market model can develop, MPs have been told.
The Financial Conduct Authority (FCA) is planning to update its rules for retail clients advised to buy offshore life insurance bonds, affording them greater protection.
The Financial Conduct Authority (FCA) wants to add an undergraduate degree in financial planning to its list of approved qualifications.
The City regulators will launch a new Financial Services Register to make it easier to find information on those they regulate - including scam firms for the first time.
Adviser network Personal Touch Financial Services has written to members informing them of a planned fee increase after suffering what it called "indiscriminate" increases to its regulatory costs.
Financial advisers who put ordinary investors' money into collapsed £60m property scheme Arck face an even greater struggle with complaints, after the Ombudsman upheld a ruling that the investment was likely to be suitable only for sophisticated clients....
Adviser network Personal Touch Financial Services is requiring advisers who want to give retirement advice post pensions freedom to attain a new retirement-specific top-up exam.