Investment General

Exiting advisers on the hunt for buyers for their firms are being warned to beware tempting deals which could have hidden pitfalls.

Law firm Pannone is offering pro bono legal advice to Arch Cru investors to help them recover the millions of pounds lost in the fund range.

The Financial Services Authority has appointed a former chairman of the British Bankers Association as a non-executive director of the Money Advice Service board.

The FSA's "deficient" supervision of banks in the run-up to the 2008 financial crisis was partly down to the diversion of senior managers' attention toward matters seen as more pressing at the time, such as the retail distribution review (RDR) and Equitable...

Royal Bank of Scotland chief executive Fred Goodwin's alleged affair had no impact on the downfall of the bank, the Financial Services Authority (FSA) has decided.

Five things the nationals have highlighted over the weekend that your clients will call you about this week.

The pursuit by the FSCS and FSA of advisers who recommended Keydata products looks set to create a domino effect that will cascade far and wide.

Banking and asset management giant Investec has exited the FTSE 100 as part of the latest re-shuffle of the UK's leading share index.

Cru Investment Management encouraged advisers to invest all of their clients in Cru funds at a blanket rate of 1% trail commission, in a presentation one IFA has branded a "shambles to encourage churning".

Cru Investment Management gave advisers a 12 step plan to migrate all of their pension and investment clients to its funds, with the offer of a lucrative succession strategy for exiting advisers if they did.