Wealth managers
Wealth managers
Investors who lost money in failed property scheme Arck may finally find out if they will receive compensation when the Financial Services Compensation Scheme (FSCS) issues an update in March.
19 January 2015
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2 min read
Wealth managers
Three IFAs are taking their case to the Court of Appeal in a bid to overturn a High Court ruling backing a Financial Ombudsman (FOS) decision that they should pay clients compensation for advice to invest in failed firm Keydata.
15 January 2015
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1 min read
Wealth managers
The Financial Conduct Authority (FCA) has cancelled an advice firm's permissions after it failed to submit regulatory returns.
14 January 2015
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1 min read
Wealth managers
HMRC investigations have yielded a record £136m in extra capital gains tax (CGT) collected from individuals and small businesses in the last year, according to an accountancy firm.
12 January 2015
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Wealth managers
An unauthorised forex trader has been found guilty of fraud in a case brought by the Financial Conduct Authority (FCA).
12 January 2015
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2 min read
Wealth managers
Arch Financial Products chief executive Robin Farrell and compliance officer Robert Addison have called in administrators to liquidate the company, weeks after the High Court ruled it had been negligent in its management of the failed Arch cru fund range....
09 January 2015
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Wealth managers
The Financial Services Compensation Scheme (FSCS) is to start compensating investors in failed investment group Hartmann Capital.
06 January 2015
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1 min read
Wealth managers
The Financial Ombudsman Service (FOS) is to make further cuts to its operating budget in the coming financial year and has frozen its levy at £23.3m.
06 January 2015
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