Rathbones' chief executive Mike Webb, a long-time proponent of risk targeted investments, has said the method makes fund managers work harder for investors.
The Financial Conduct Authority (FCA) is seeking to ban and fine an adviser £290,000 for a series of failings, including that he falsified the signatures of two clients to register them as 'sophisticated' investors.
The Financial Services Compensation Scheme (FSCS) has so far paid out £21.2m in claims related to the collapse of adviser network Alpha 2 Omega (A2O) after finding widespread mis-selling of unregulated collective investment schemes (UCIS).
The UK would have "zero" influence if it voted to leave the EU, the outgoing president of the European Commission has said.
The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.
The former appointed representatives (ARs) of failed network Alpha 2 Omega (A2O) are facing multi-million pound legal claims as the Financial Services Compensation Scheme (FSCS) tries to claw back the money it paid to mis-sold investors.
Fresh fears for the safety of £400m of Harlequin investments have been raised following reports circulated by the company that its sales arm has entered liquidation.
The Financial Conduct Authority (FCA) is coming down hard on firms that continue to act outside of its rules on financial promotions, with the number of adverts withdrawn or amended by the regulator jumping 61% in the last year.
The Financial Conduct Authority (FCA) has fined and banned two former directors of Pritchard Stockbrokers for recklessly failing to protect client money.
The Financial Conduct Authority (FCA) has charged the former treasurer and head of tax at supermarket giant Morrisons with insider dealing.