Wealth managers

The Financial Ombudsman Service (FOS) is proposing to increase the individual fee for firms who have complaints against them from £500 to £550 per case, but will also up the number of 'free' cases to 25.

The Financial Services Authority (FSA) has pledged to work with firms in 2013 as it carries out a series of thematic reviews into how the Retail Distribution Review has been implemented.

The Financial Services Authority (FSA) has fined the Co-operative Bank £113,300 for "serious failings" in its handling of complaints arising from sales of Payment Protection Insurance (PPI).

An online petition calling for Hector Sants' nomination for a knighthood to be withdrawn has received more than 1,000 signatures.

Her Majesty's Revenue and Customs (HMRC) is publishing the photographs of more than 30 of last year's biggest tax cheats as part of a tax evasion campaign.

A pair of MPs have criticised the decision to award a knighthood to Hector Sants, the former chief executive of the Financial Services Authority (FSA).

The UK's biggest advice firms have been accused of failing to adequately inform potential clients whether they provide independent or restricted advice.

Investors embroiled in the CF Arch cru funds scandal are unlikely to benefit from a global compensation settlement, despite several MPs campaigning on their behalf, according to a government minister.

The Association of Professional Financial Advisers (APFA) is calling for more product manufacturer responsibility when marketing materials are relied on by investors and advisers.

Former FSA chief executive Hector Sants has been awarded a knighthood in today's New Year honours list.