Head of FundsNework David White is to leave Fidelity after ten years with the company.

Network Sesame has topped the Financial Ombudsman Service (FOS) complaints table for IFA businesses, with 138 complaints in the first half of this year, compared to 140 in H2 2011.

The founder of a campaign for more transparent fund charges has called Investment Management Association (IMA) figures showing average fees to be about 0.3% as "misleading claptrap".

Adviser comparison website VouchedFor will launch to the public on Monday after a year-long pilot.

National IFA Perspective Financial has announced another of its firms has attained chartered status.

Financial Services Authority (FSA) chairman Lord Turner has promised an independent inquiry into an IT glitch that affected millions of Royal Bank of Scotland (RBS), NatWest and Ulster Bank customers in June.

Standard Life has partnered with a number of trade bodies to launch a Retail Distribution Review (RDR) guide for advisers to help their clients understand the changes.

Back office provider IntelliFlo has appointed Dave Chessell as sales director.

Who has moved where in another busy week in financial services?

An insurance salesman and an accountant have been jailed for their part in a £10m Ponzi scheme targeting British expats in Majorca.