Wealth managers

Evan Bruce-Gardyne, director of investor relations at Alliance Trust says, in time, the Retail Distribution Review will help encourage investors to look at the wider picture before committing capital to a fund.

Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014/15 after it cut its bill by £37m, but investment advisers face another hike in costs.

The Financial Conduct Authority (FCA) has won a Court of Appeal victory over a land banking scheme but said it is unlikely investors will get back all of their cash.

An independent inquiry into the Financial Conduct Authority's (FCA) release of information about its investigation into the fair treatment of long standing life company customers could cost up to £10m, according to a costs lawyer.

Non-exec directors at the Financial Conduct Authority (FCA) have appointed Simon Davis, a partner at Clifford Chance, to conduct an independent inquiry into the handling of its proposed investigation into life insurance contracts.

Eleven things you need to know about the FCA's cost of advice probe

AIFMD

Nearly three quarters of firms are still failing to show clients the true cost of advice, following a "wake-up call" FCA review which has already put two firms at risk of enforcement action.

The Financial Conduct Authority (FCA) is to leave its Canary Wharf base in favour of the redeveloped Olympic Park in Stratford, east London.

The FCA may face legal action from institutional investors after its disclosure of a probe into closed-book insurance policies, according to the Financial Times.