Treasury minister David Gauke has said it is "morally wrong" to pay tradesmen in cash, in the hope of avoiding tax.

The Law Commission is to move to protect consumers from unfair clauses hidden in the small print of financial services contracts.

Aviva is to roll out a simplified pension proposition on its platform, sitting between its ISA and SIPP models.

Wrap platform Novia is to double its regional sales force from ten to 20 before the Retail Distribution Review (RDR), beginning with the appointment of Zurich executive Scott Adams as head of the Scotland region.

Guardian Wealth Management has appointed technology provider SEI to run its white-labelled platform and back-office systems.

Wrap platform Transact has appointed Jeremy Brettell to its board of directors.

The Financial Services Authority )FSA) has banned Quintillion Asset Management from conducting regulated business, after failing to pay fees and levies of over £8,000.

Fund supermarkets still face number of obstacles before rolling out their investment trust (IT) propositions, according to J.P. Morgan Asset Management.

Inflows into fixed interest and cash rose in the second quarter of 2012, according to Skandia's Investment Trends report.

Advisers expect to write less tax-wrapped business in 2013, according to research.