Wealth managers

HM Revenue & Customs (HMRC) is being criticised for failing to stem a rise in tax complaints, which more than doubled in 2012-2013 compared with the previous year.

Trail commission has a "genuine and legitimate place" in adviser remuneration and the Financial Conduct Authority (FCA) would be wrong to ban future payments on undisturbed pre-Retail Distribution Review (RDR) business, according to Scottish Life.

New laws passing through Parliament could see bankers found guilty of "reckless misconduct" jailed for up to seven years.

The Financial Conduct Authority (FCA) has sent emails to 120 advisory firms asking them to complete a questionnaire that will form the basis of part two of its three-pronged review into the impact of the Retail Distribution Review (RDR).

The average length of time taken by the Financial Conduct Authority (FCA) to authorise financial services start-ups is now back up to its highest levels, according to data obtained by City law firm RPC.

GOSLING'S GROUSE

The Financial Conduct Authority (FCA) is to defer its capital adequacy requirements on personal investment firms (PIFs) - which were due to kick in at the end of this year - by a further two years, and will use the time to review its entire approach to...

A former accountant for Bernard Madoff was arrested on Thursday, nearly five years after the fraudster's huge Ponzi scheme was uncovered, an FBI spokesman said.

The Financial Conduct Authority (FCA) has fined ICAP Europe Limited (IEL) £14m for misconduct relating to the London Interbank Offered Rate (LIBOR).

The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).