The Financial Services Authority (FSA) has written to pension providers asking them for details of members' holdings in Harlequin Property, a UK based overseas property sales agent that is not regulated.
Brussels is to curb bankers' bonuses from next year in a major blow to the City and the government.
The Personal Finance Society (PFS) has announced that Scott Goodsir, managing director and head of wholesale for BNY Mellon Asset Management, has been appointed as an adviser to its board.
Investec Bank and Morgan Stanley have both modified the terms and conditions of their structured products after the Financial Services Authority (FSA) found terms in both were potentially ‘unfair' to clients.
The Financial Services Authority (FSA) has confirmed that claims at the Financial Services Compensation Scheme (FSCS) relating to failed stockbroker Direct Sharedeal - which could total £13m - will be paid for by investment advisers.
A man and woman from Enfield who ran a financial advice firm have each been jailed for two years for fraudulently trying to claim almost £145,000 in Gift Aid.
London Capital Group, an online trading platform, has paid out £1.2m to investors who invested via the failed Integrity product over losses linked to commission rebating of the fund in the first half of 2009.
Pressure is mounting on the boss of Lloyds to give up his bonus after the bank was rocked by yet another hit relating to a mis-selling scandal.
The Financial Services Authority (FSA) has criticised firms for failing to send in details of advisers' qualifications.
The Financial Services Authority (FSA) has clarified that advisers who only advise on passive investments do not meet the requirements needed to call themselves independent.