News

Seven advice firms have been declared in default by the Financial Services Compensation Scheme (FSCS).

Investors who put money into failed life bond scheme Catalyst via their Standard Life self-invested personal pension (SIPP) have been told they have longer to wait before finding out if they are eligible for compensation.

A top regulatory lawyer has warned the Financial Conduct Authority (FCA) could eventually ban all forms of corporate entertainment for advisers by asset managers.

The latest retail sales figures published by the Investment Management Association (IMA) have revealed a fall in inflows to a level last seen in January 2013.

Network Sesame has seen a 6% drop in adviser membership following its move to adopt a restricted proposition, its executive chairman John Cowan has said.

The Money Advice Service (MAS) has issued an apology to members of the Personal Finance Society (PFS) after seemingly questioning adviser ethics in a speech earlier this month.

The Financial Conduct Authority (FCA) has charged the former treasurer and head of tax at supermarket giant Morrisons with insider dealing.

Old Mutual Wealth chief executive Paul Feeney has told analysts that platforms must seek to integrate with other businesses if they are to survive in the coming years.

One in eight people aged over 50 has been approached by fraudsters offering early access to their pension pot, according to research from Fidelity Worldwide Investment.

The Financial Conduct Authority (FCA) has confirmed changes to the way it collects data from advisers in order to simplify the process, including by allowing them to report charging data on either a cash received or accruals accounting basis.