Damning verdict on regulator
The Financial Conduct Authority (FCA) has appointed a new director of supervision to replace Tracey McDermott, who will step up to acting CEO in September.
Sir Hector Sants, former head of the Financial Services Authority (FSA), has been appointed new chairman of Julius Baer.
Tilney Bestinvest has strengthened its board with the appointment of former Financial Services Authority chief John Tiner and Betfair CEO Breon Corcoran as non-execs.
The Financial Conduct Authority's(FCA) income from fines it imposes on financial services companies is set to dip on last year's total, despite record penalties for Barclays and Deutsche Bank in recent months.
Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.
Angry investors are planning legal action against the regulator in a bid to claw back losses they claim its predecessor caused when it branded their traded life settlement investments "toxic".
Advisers are being exposed to accusations of negligent advice by the regulator because comparing charges for the most common outsourced investment options - multi-manager (MM) and discretionary fund managers (DFMs) - is "impossible", according to a new...
Arch Financial Products and its chief executive Robin Farrell have lost a multi-million pound case against them at the High Court today, related to their management of the failed Arch cru fund range.
When the FSA first announced its RDR in June 2006, its aim was simple: to ensure consumers knew exactly what they were paying for their funds, platforms, and advice.
Former Financial Services Authority director Sheila Nicoll has joined Schroders as head of public policy.
Not all products offering limited liquidity should be tarred with the same brush.
Treasury Select Committee (TSC) chairman Andrew Tyrie has called on the industry to help parliament hold the financial services regulator to account to avoid "excessive regulation" that could "create the stability of the graveyard".
Barclays’ head of compliance Sir Hector Sants will not be returning to the banking group after taking three months’ leave in October due to stress.
Sheila Nicoll, former FSA director of conduct policy, has joined Ernst & Young's asset management practice as a senior adviser.
If there was any need to highlight the regulatory challenge faced by wealth managers, the FSA ‘Dear CEO’ letters have made the issue strikingly clear.
Jon Pain, a former managing director and one-time interim chief executive of the Financial Services Authority (FSA), is to join state-owned Royal Bank of Scotland (RBS).
Respect MP George Galloway has joined with the IFA Centre to rally all 650 members of Parliament to fight for compensation for Arch cru investors.
M&G saw funds under management hit a new record in Q1 as strong sales in Europe offset outflows from the UK market after moves to slow flows into its leading bond fund range.
The Financial Services Authority (FSA) was ineffective in its role as overseer of the financial services sector because it failed to deliver a good balance of 'prudential' and 'conduct' regulation, according to the chief executive of the Prudential Regulation...