regulation

Non-exec directors at the Financial Conduct Authority (FCA) have appointed Simon Davis, a partner at Clifford Chance, to conduct an independent inquiry into the handling of its proposed investigation into life insurance contracts.

AIFMD

CLOSED LIFE PROBE

The Financial Conduct Authority has appointed a former managing director from Bank of America Merrill Lynch to head its investment banking supervision team.

Banking giant Credit Suisse "helped" thousands of its US customers avoid tax by opening Swiss accounts on their behalf, a report has claimed.

The Financial Conduct Authority (FCA) has won its battle against two unauthorised investment schemes after the High Court ruled they were to be classed as collectives and therefore must be regulated.

FCA warns on adviser inducements.

The Wealth Management Association has warned the aims of the RDR could be undermined if advisers continue to be given non-monetary benefits.

Need for advice among high-value investors still increasing.

Ian Porter, head of wealth management at Sanlam Private Investments, talks to Ruth Gillbe about the group's aspirations, asset allocation, and key investment themes.