Regulation

Aviva is to pay compensation to tens of thousands of investors in one of its funds who were erroneously led to believe their capital was protected.

Ex-financial adviser Alok Dhanda has pleaded guilty to a total of 24 counts of fraud in relation to an alleged Ponzi scheme.

Advisers respond to FCA call for 'short' suitability letters

The number of advisory businesses entering the industry this year outnumbered those leaving by almost 40%, according to new research.

Consumers should pay a share of the cost of the guidance guarantee, or they will fail to value the service, an adviser has argued.

The Association of Professional Financial Advisers (APFA) has welcomed new proposals to fund the guidance guarantee set out by the regulator today, saying it could save the advice industry £2m-£4m a year.

'The RDR is only partially working': The world according to the IFP chief

An IFA has been ordered to repay a £7,400 upfront fee it received from a client who subsequently felt its recommendations were inappropriate, following a final decision from the ombudsman.

Three investments in off-plan property firm Arck totalling £45,000 were too high risk and complex for a client, the Financial Ombudsman Service (FOS) has ruled, despite the adviser's claims he had previously invested in similar schemes.

Simplified advice: How simple should your new model be?