Wealth managers

HM Revenue & Customs has shut down a tax avoidance scheme operated by NT Advisors which has protected about £190m in tax revenue.

Advisers have seen the number of complaints against them soar over the past year, however figures show that more than half of the cases were dropped by the ombudsman.

A former KPMG senior partner has pleaded guilty to insider trading.

Wealth managers who only have limited contact with the regulator should be wary of staying below the radar and ought to make efforts to contact the Financial Conduct Authority (FCA), consultant Richard Scrivener from regulation specialist Bovill has advised....

Jon Pain, a former managing director and one-time interim chief executive of the Financial Services Authority (FSA), is to join state-owned Royal Bank of Scotland (RBS).

The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank Limited (JPMIB) £3,076,200 after identifying a series of failings within its wealth management business.

Fund managers can expect the axe from discretionary fund managers (DFMs) if they fail to perform within the first 12 months of being granted a mandate, according to research by Coredata.

The London property tycoon behind one of Britain's biggest mortgage scams has been given an extra four years in jail after judges ruled his sentence "too generous".

Honister Capital and its IFA networks Sage Financial, Honister Partners and Burns Anderson have defaulted, the Financial Services Compensation Scheme (FSCS) announced today.

The directors of the troubled £400m Caribbean property investment scheme run by Harlequin Property have been issued with a High Court order freezing their personal assets up to £1.1m.