Wealth managers

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.

The Financial Conduct Authority (FCA) on Tuesday accused Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison of giving inconsistent and vague evidence in their appeal against a regulatory ban and fine...

A record year at Financial Ombudsman Service (FOS) saw 40,000 queries a week resulting in 512,167 new complaints during the past 12 months.

The FCA has said it will not issue further guidance on inducements, despite growing calls to do so from fund groups.

National advice firm Chase de Vere has reached a settlement with the Financial Services Compensation Scheme (FSCS) for an undisclosed sum to deal with claims of poor advice in relation to its sale of Keydata products.