The government has asked the Financial Conduct Authority (FCA) to be more transparent in its supervision and enforcement actions, in a review released yesterday.
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.
A financial adviser who was jailed for stealing from his pensioner clients has been banned from working in financial services by the Financial Conduct Authority (FCA).
The Financial Conduct Authority (FCA) has outlined a number of good and bad practice scenarios around the design and delivery of ongoing advice.
Swiss asset manager Unigestion is expanding its presence in the UK to retail and intermediary clients by launching an RDR-compliant share class on a range of funds.
Advisers are charging clients more post-Retail Distribution Review (RDR), despite falling product prices, a consultancy hired by the Financial Conduct Authority (FCA) has found.
The banning of commission on retail investments and the subsequent revelation of the "true cost" of advice has led some clients to consider the value of what their adviser offers, the Financial Conduct Authority (FCA) has conceded.
The Financial Conduct Authority (FCA) has declared the Retail Distribution Review (RDR), its long-standing project to revamp the retail investment advice market, is working, though some concerns remain on the costs of advisers' services.
The Financial Conduct Authority (FCA) has found evidence of increasing professionalism in the financial advice sector, it said today, but one firm has been referred to enforcement for "insufficiently engaging" with RDR changes.
HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.