Wealth managers

HM Revenue & Customs (HMRC) has defended the publication of a tax evaders 'most wanted' list amid criticism from the Labour Party.

Former Financial Services Authority CEO Sir Hector Sants is to join the board of the British Bankers' Association (BBA) lobbying group, according to reports.

HM Revenue & Customs (HMRC) has added a further ten alleged tax dodgers to its ‘most wanted' list, as the department faced criticism for so far apprehending only one of 20 original fugitives.

The Financial Services Compensation Scheme (FSCS) has begun paying redress to clients of stockbroker Fyshe Horton Finney (FHF), which entered special administration earlier this year.

The Investment Management Association (IMA)'s 11th annual Asset Management Survey, released earlier this week, said the Retail Distribution Review (RDR) has had several unintended consequences for the fund management industry.

The Financial Conduct Authority (FCA) has fined David Davis, senior partner and compliance officer of Paul E Schweder Miller & Co, £70,258, and Vandana Parikh, a broker at the same firm, £45,673, for failing to act with due skill, care and diligence in...

The Financial Conduct Authority (FCA) has appointed four directors to lead key areas of its supervision division, with Nick Poyntz-Wright heading up its long term savings & pensions unit which includes oversight of wealth management services and investment...

The majority of advisers are positive on the impact the retail distribution review (RDR) will have on consumer confidence, while many have said there are signs it has already started to improve.

GOSLING'S GROUSE

HM Revenue & Customs (HMRC) successfully prosecuted more than 600 people for tax evasion in 2012-13, more than double the amount in the previous 12 months and well ahead of its target for the year, figures show.