FSA

Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.

Angry investors are planning legal action against the regulator in a bid to claw back losses they claim its predecessor caused when it branded their traded life settlement investments "toxic".

Advisers are being exposed to accusations of negligent advice by the regulator because comparing charges for the most common outsourced investment options - multi-manager (MM) and discretionary fund managers (DFMs) - is "impossible", according to a new...

Arch Financial Products and its chief executive Robin Farrell have lost a multi-million pound case against them at the High Court today, related to their management of the failed Arch cru fund range.

When the FSA first announced its RDR in June 2006, its aim was simple: to ensure consumers knew exactly what they were paying for their funds, platforms, and advice.

Former Financial Services Authority director Sheila Nicoll has joined Schroders as head of public policy.

GOSLING'S GROUSE

Not all products offering limited liquidity should be tarred with the same brush.

Treasury Select Committee (TSC) chairman Andrew Tyrie has called on the industry to help parliament hold the financial services regulator to account to avoid "excessive regulation" that could "create the stability of the graveyard".

Barclays' head of compliance Sir Hector Sants will not be returning to the banking group after taking three months' leave in October due to stress.