News

Fraudsters pretending to be from the Scottish Public Pension Authority (SPPA) have targeted the organisation's members in a bid to extract financial information.

The Financial Services Authority (FSA) is set to probe the asset management industry in a review of the risks of bribery, corruption, sanctions and money laundering, according to law firm Dechert.

Few advisers will drop out of the industry after the Retail Distribution Review (RDR) and most plan to go independent, research from Capital Platform suggests.

Britain's banks face a financial black hole of up to £60bn from regulatory demands, hidden losses, and potential mis-selling costs that threaten to jeopardise future growth, the Bank of England has warned.

Capital Platform has teamed up with technology developer JCS Software to launch a new service for its Retail Distribution Review (RDR) proposition.

AJ Bell has confirmed it will be one of the first major platforms to go live on Origo's Options re-registration service.

The Financial Services Authority (FSA) has begun informal discussions with key industry players about a potential ban on all fund commission payments from the start of 2014 for business written on platforms.

The risk a triple-dip recession could hit people's finances is a big worry to about a quarter of consumers, research from the Institute of Financial Planning (IFP) has revealed.

The Law Society has taken the unprecedented step of urging its members to ignore the Solicitors Regulation Authority's (SRA) new rules on recommending financial advisers to clients, warning that they could expose solicitors to negligence claims.

Colin Jelley, St James's Place divisional director of private clients, has left the business.