News

The Dubai Financial Services Authority (DFSA) has issued an alert to advisers and their investors of a current fraudulent e-mail scam facilitated through [email protected] which is claiming to be sent by His Excellency Abdullah Mohammed Saleh,...

Two financial advisers serving prison time for their roles in a £3m property scam have been ordered to pay back just £1 each.

The Financial Services Authority (FSA) has fined Coutts & Company £8.75m for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) systems and controls.

Axa Wealth is launching a restricted advice offering for advisers looking to move away from independent status.

Towergate Financial has acquired the financial planning business of the Melton Mowbray Building Society.

The Financial Services Authority (FSA) is readying at least one 'mega fine' in the next three months as figures show it raised significantly less than usual in the first quarter of 2012.

Comparison sites are failing to provide consumers with the best deal and should be strictly regulated, Which? has said.

Prudential has been forced on the defensive over an e-mail sent to thousands of staff in which a senior executive appears to make a series of disparaging remarks about FSA policies.

The vast majority of advisers intend to remain in the industry and offer independent advice after 2013, in a sign advisers have "accepted" RDR, research suggests.

The FSA is to look into charges levied by UK fund management groups after its head of investments policy queried why they had been rising in recent years.