Regulation

Barclays has set aside an extra £800m to cover the costs of a probe into foreign exchange rate-rigging, its latest results reveal.

All advisory firms face the prospect of an interim levy from the Financial Services Compensation Scheme (FSCS) in 2015-2016 following a swell of claims related to self-invested personal pensions (SIPPs).

Single out what clients actually want and only charge for that, rather than 'pandering to the wealthy' with expensive packaged bank account-style add-ons, an advice firm has said, as it launched its 'manifesto' for the coming years.

A clampdown on suspected tax avoidance among taxpayers with rapidly rising wealth has netted HMRC an extra £11.5m since it began targeting the group in 2012, according to calculations.

Does a percentage-of-assets adviser fee model encourage contingent charging? Do fixed fees represent the ‘modern, professional way' to charge?

Rival network appeals to burnt advisers

Clive Balchin had been with Sesame for 18 years but an ever more stringent approach to compliance pushed him to hand in his notice - just days before the group announced it was shutting its investment network.

Five IFAs' election wishes

An advice firm consolidator is requiring all of its advisers to attain Chartered status, requiring Level 6 qualifications - two grades above the minimum.

The Association of Professional Financial Advisers (APFA) has called on the regulator to issue clear guidelines on adviser liability when handling pension transfers involving 'insistent' clients.