The Financial Conduct Authority (FCA) has warned advisers over using risk-ratings for clients and subsequently investing them into risk-rated funds.
The Serious Fraud Office (SFO) has said it, together with Essex Police, is continuing to investigate complaints into troubled overseas property company Harlequin.
The former boss of the Co-op was lambasted by MPs for having ‘selective amnesia' after he claimed its stricken bank is an innocent victim of the financial crash.
Half of advisers have considering launching an execution-only proposition following the introduction of the Retail Distribution Review (RDR), according to a recent poll, despite regulatory scrutiny of the market.
Fidelity Worldwide Investment has bought retirement solutions business Annuity Direct and its holding company Retirement Angles.
The Financial Conduct Authority (FCA) has revealed that Barclays bank was the most complained firm in the first half of the year.
Jupiter's Neil Carter has warned advisers against products that over-diversify investments in a bid to fit the mould of modern portfolio theory and regulation.
In his final speech as deputy governor of the Bank of England Paul Tucker revealed that the resolution regime, which will allow one of the world's largest banks to collapse without being rescued, is now in place.
A couple is pursuing national IFA firms Positive Solutions and 2plan Wealth Management for what they claim was negligent advice to invest in high risk unregulated investments - including using money they had received from a critical illness (CI) payout....
Investment Week's news editor Nick Paler took the top accolade at last night's Platform Awards, winning journalist of the year.