Wealth managers

The Financial Conduct Authority (FCA) is reminding investors that the deadline for filing for compensation from the Madoff Victim Fund (MVF) is the last day of February.

The passing of the revised Markets in Financial Instruments Directive (MiFID II) into law has made it compulsory for UK investment firms to disclose the total cost of their investments to their clients.

The Investment Management Association has said it is open to the prospect of 'radical change' as it sets out recommendations for the use of dealing commission to purchase investment research.

The executive board of the Financial Conduct Authority (FCA) is concerned about the rate at which its staff leave the organisation, and is also considering an independent review into its decision making processes.

Claimants can not accept a compensation ruling from the Financial Ombudsman Service (FOS) and later claim for more in the courts, a landmark Court of Appeal ruling has decided.

The Financial Conduct Authority (FCA) has discovered poor practice on all annuity price comparison websites, with 12 out of 13 found to have breached TCF rules.

Some 80% of retirees who stick with their pension provider when they buy an annuity could get a better deal elsewhere, pointing to a huge failure in the open market option, the Financial Conduct Authority (FCA) has found.

Zurich Life has blamed a drop in its bond business on the impact of the Retail Distribution Review (RDR) - as it reveals a 42% fall in operating profits.

The Financial Conduct Authority (FCA) has fined HomeServe Membership Limited £30.6m in its largest ever retail fine for mis-selling.

Former Financial Services Authority (FSA) chairman Lord Turner has warned that the UK has failed to rebalance its economy and is simply repeating the errors made in the run-up to the 2007/8 financial crisis.