The Financial Services Compensation Scheme (FSCS) said it would consider accepting claims from investors who have opted out of the Arch Cru redress scheme.
Financial advisers are expected to fork out £31.5m in compensation to clients who invested in the CF Arch Cru Investment and Diversified funds (Arch Cru) and were found to have received unsuitable advice.
The Financial Conduct Authority (FCA) has fined Canadian trading firm Swift Trade £8m for market abuse after the Court of Appeal concluded a legal battle that lasted for more than two years.
Scammers have cloned a German wealth management firm which aims to lure in UK investors using a fictitious office in London's City, the Financial Conduct Authority (FCA) has warned.
An IFA has accused the Financial Conduct Authority (FCA) of not staying on top of its policing mandate and has called for a greater crack-down on advisers that are violating its rules.
Miton Group has agreed to sell its Liverpool-based funds business, Miton Capital Partners to Seneca Investment Managers in a £6m deal.
The Claims Management Regulator (CMR), Financial Conduct Authority (FCA), Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) have issued joint guidance for firms on how to deal with claims management companies (CMC),...
Kensington Mortgages will issue new terms and conditions to 7,000 of its borrowers after a ruling by the Financial Conduct Authority (FCA).