Wealth managers
Pensions
The Financial Conduct Authority is to launch an investigation in to 30 million insurance policies sold across three decades, looking for signs they were "unfair" to customers, according to reports.
28 March 2014
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1 min read
Wealth managers
The Financial Services Compensation Scheme (FSCS) has made top-up payments to Keydata investors after it recovered money from the underlying bond Lifemark's trustees.
27 March 2014
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Wealth managers
Thousands of ‘accidental Americans' could be unwittingly caught by the Foreign Accounting and Tax Compliance Act (FATCA) from July, leaving them exposed to US tax liabilities, Vestra Wealth has warned.
26 March 2014
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UK
Santander UK has agreed to pay redress to affected customers after the Financial Conduct Authority (FCA) fined the bank £12.4m for what it said were "widespread" investment advice failings.
26 March 2014
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2 min read
Wealth managers
The Financial Conduct Authority (FCA) is preparing to fine Santander UK in the region of £12.5m for faulty investment advice, according to reports.
26 March 2014
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1 min read
Wealth managers
The House of Lords' economic affairs committee has recommended a delay to the government's imminent tax crackdown on limited liability partnerships (LLPs).
13 March 2014
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Wealth managers
A 21-year-old has been arrested and interviewed as part of a Financial Conduct Authority (FCA) investigation into boiler room fraud.
13 March 2014
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1 min read
Wealth managers
The Financial Conduct Authority has appointed a former managing director from Bank of America Merrill Lynch to head its investment banking supervision team.
12 March 2014
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1 min read
