Wealth managers

Britain's executives are more confident in the stability of the UK's financial system than any time since 2008, according to a Bank of England survey published last week.

The Financial Conduct Authority (FCA) has fined Credit Suisse International (CSI) £2.4m and Yorkshire Building Society (YBS) more than £1.4m for failings related to the promotion of a structured product which attracted almost £800m worth of investment....

The Investment Management Association (IMA) is struggling to find a "perfect" solution to calculating fund performance following the shift to clean pricing, and may have to devise a completely new approach.

Auditor Baker Tilly is under investigation by the Financial Reporting Council (FRC) following allegations of unethical conduct.

The Financial Conduct Authority (FCA) has published a guide revealing how it will measure advisers' disclosure efforts against its expectations, after it detected "unacceptable" shortcomings in its latest post-Retail Distribution Review (RDR) work.

The Financial Services Compensation Scheme (FSCS) is facing claims worth around £2.5m for 12 investment and life & pensions firms newly declared in default - which would need to be paid for by investment adviser levypayers.

Insurer Zurich welcomed the regulator's pledge to re-open the long-stop debate but suggested it should be looking at more options than just a 15-year liability period.

A financial adviser has been jailed for three years after admitting 13 counts of theft from his pensioner clients.

Lawyers representing Arch Financial Products (AFP) directors Robin Farrell and Robert Addison today suggested regulatory rules in place at the time their clients are accused of acting "recklessly" in managing the CF Arch cru fund range were unclear.

The Financial Conduct Authority (FCA) is alerting the public to be wary of offers of free pension reviews, pointing out few firms offering the service are regulated.