FCA tells Financial Planners their fees for the year

The FCA has told the advice sector its bill to help pay for the regulator will rise by 4.7%.

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‘Tax adviser’ kept £300k from clients’ false claims

A self-appointed Essex ‘tax adviser’ with no financial qualifications is behind bars after he told clients how to fraudulently claim £1.5m in tax repayments.

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Adviser firm wound up after two FOS complaints upheld

Bedford-based financial adviser firm Total Wealth Solutions is being voluntarily wound up after the firm had a complaint upheld against it by the Financial Ombudsman Service over pension transfer advice to move a client's money to a fund linked to a Brazilian rainforest scheme.

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26% of revenue earned by advisers was commission

Commission accounted for 26% of revenue earned by advisers in 2016, an FCA report found.

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