Ian Hannam has lost his two-year battle against a £450,000 fine imposed by the FCA for market abuse.
The financial watchdog has found significant failings in Sipp firms' due diligence procedures.
FCA chief Martin Wheatley has warned the banking sector to prepare for further action.
Experts from leading firms discuss what they think will be the outcome of the advice consultation.
Brewin Dolphin has told clients north of the border that it is committed to its Scottish offices despite ‘palpable’ uncertainty around the impact of a potential ‘Yes’ vote in the independence referendum.
At the end of last month KPMG suggested we are entering a golden age as regulatory confusion clears. We ask four wealth managers what they think.
Overall the financial watchdog registered a loss of £29.3 million in the year to 31 March.
The Financial Conduct Authority (FCA) received 748 Freedom of Information (FOI) requests in its last accounting year, which cost the regulator £853,000 to process.
The Financial Conduct Authority (FCA) withheld bonuses for its senior staff pending the outcome of the independent investigation of its mishandled announcement of a probe into life insurance.
The regulator has put its support behind European proposals to further separate research from dealing commission.
The compensation scheme paid out less to consumers last year but is concerned by 'wrong' Sipp advice, which resulted in a rise in pension claims.
The Forum is being formed following the recommendations of the Collective Engagement Working Group and the Kay Review.
The news that Coutts’ suitability review is to go back to 1957 begs the question of what assumptions can be made on advice given in another era.
The UK’s biggest payday lender Wonga is to pay more than £2.6 million of compensation for using ‘unfair and misleading debt collection practices’.
On Citywire today
What would prompt Roland Arnold to sell the likes of Ashtead and Howden?