adviser firms

Arch Financial Products and its chief executive Robin Farrell have lost a multi-million pound case against them at the High Court today, related to their management of the failed Arch cru fund range.

A financial adviser who was jailed for stealing from his pensioner clients has been banned from working in financial services by the Financial Conduct Authority (FCA).

The Financial Conduct Authority (FCA) has outlined a number of good and bad practice scenarios around the design and delivery of ongoing advice.

Advisers are charging clients more post-Retail Distribution Review (RDR), despite falling product prices, a consultancy hired by the Financial Conduct Authority (FCA) has found.

The banning of commission on retail investments and the subsequent revelation of the "true cost" of advice has led some clients to consider the value of what their adviser offers, the Financial Conduct Authority (FCA) has conceded.

The Financial Conduct Authority (FCA) has declared the Retail Distribution Review (RDR), its long-standing project to revamp the retail investment advice market, is working, though some concerns remain on the costs of advisers' services.

Advisers have welcomed the Chancellor's overhaul of the taxation system around buying property, saying it is an "ingenious" idea that will benefit the majority of clients.

The number of financial advisers has risen slightly since the implementation of the Retail Distribution Review (RDR), although there has been a dip this year, according to new FCA figures.

AFH Financial has acquired the assets of Cornwall financial planning business Knight O'Bryne for a possible £1.2m.

Sesame is "not alone" in selling places on its restricted panel of product providers to the highest bidder, executive chairman John Cowan has said, as the network reels from a £1.6m fine for the banned practice.