Wealth managers

Legacy commission still accounted for more than half of adviser income at end of March, according to research released today.

A look at what might be on the regulatory horizon for wealth managers was a story which caught our readers' attention this week.

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".