A financial adviser who admitted to fraudulently gaining almost £250,000 from clients and an insurer, as well as perverting the course of justice, has been jailed for three-and-a half years.
The Financial Services Consumer Panel (FSCP) has called for new regulator to be able to publish the results of mystery shopping exercises, among other recommendations for increased transparency.
Consolidator Perspective Financial Group has purchased two more advisory practices acquisitions, bringing its total number of acquisitions to 30.
Conservative big-hitter David Davis MP has given a cautious welcome to the Financial Services Authority's (FSA's) Arch Cru redress scheme, although he has warned it may be harsh on financial advisers.
A chartered financial planner claims to have found evidence of attempts to maximise commission by both bank advisers and IFAs ahead of the RDR.
Adrian Martin is to leave his role as chairman of RSM Tenon and step down from the board, completing an upheaval of the firm's management.
An FSCS Action Group petition, called Day of Action, campaigning on for a fairer Financial Services Compensation Scheme, received 1,421 signatures in total yesterday.
Professional indemnity insurance (PII) underwriter Chubb is withdrawing from the market for financial advisers.