Ex-Treasury minister Mark Hoban is to quit parliament from May.
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Advice to invest in a troubled unregulated overseas property scheme has helped push 24 firms over into failure, the Financial Services Compensation Scheme (FSCS) has said.
The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.
The Financial Conduct Authority (FCA) has provided what it hopes is further clarity on the boundaries of advice and information when building decision tree based investment models, following concerns about the clarity of its initial suggestions.
The Financial Conduct Authority (FCA) has set out its final definitions of regulated advice and personal recommendations in retail investment, in a move it hopes will help firms develop 'low cost' distribution models with confidence.
Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison have said they are "disappointed" with an Upper Tribunal decision to uphold a regulatory ban and fine against them, but felt "vindicated" by parts...
South-African firm Fundhouse has launched a fund ratings service for UK financial advisers, offering what it says are wholly unbiased and impartial comments on well-known funds.