The Financial Services Compensation Scheme (FSCS) has determined that financial advisers are liable for investors' losses in £60m property investment scheme Arck and has begun inviting claims.
Financial Conduct Authority (FCA) technical specialist Rory Percival has praised paraplanners for seeking to build a profession, but said the role should - and would - not be regulated.
Advisers are calling on regulators to introduce rules restricting the contact product providers can have with their clients.
Aegon has initiated a review of its annuity business in the UK.
Five things paraplanners want from advisers
Nutmeg is seeking a "resourceful and forward thinking" financial adviser to lead its expansion into regulated advice.
The Institute of Financial Planning (IFP) board has voted to proceed to the next stage of its proposed merger with the Chartered Institute for Securities & Investment (CISI), despite misgivings from some members.
Lighthouse Group has renewed a number of contracts with trade or professional bodies to be their preferred provider of financial advice.
...clients will call you about this week
The Financial Conduct Authority (FCA) is planning to update its rules for retail clients advised to buy offshore life insurance bonds, affording them greater protection.