Wealth managers

The Financial Conduct Authority (FCA) is taking action against at least 16 firms or individuals it believes are running or promoting investments illegally as collective investment schemes (CIS).

The Chartered Insurance Institute (CII) has launched a new qualification for staff overseeing investment operations functions.

Newton Investment Management CEO Helena Morrissey has lambasted the European Union for being a "model of the past" and said Britain can still thrive ouside the flawed organisation.

Nearly a third of advisory firms have lost clients as a result of the Retail Distribution Review (RDR), according to research from GfK.

Three more banks are being investigated by the Financial Conduct Authority (FCA) over money laundering, the regulator has revealed.

The Financial Conduct Authority has published the results of the first stage of its three-pronged review into firms' compliance with new rules following the RDR.

The Financial Conduct Authority (FCA) is conducting a three-stage thematic review to assess firms' overall approaches to changes following the Retail Distribution Review (RDR).

The Financial Conduct Authority (FCA) says firms are mostly adapting well to changes introduced following the Retail Distribution Review (RDR), but it has uncovered some problems, including firms describing themselves as independent but in fact choosing...

The Royal Bank of Scotland (RBS) has been fined £5,620,300 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions it made in wholesale markets, and in some instances, failing to report transactions at all.

Three British men who ran an international organised crime gang that conned UK investors out of £80m have been jailed for a total of 43 years by a US judge.