The Financial Services Compensation Scheme (FSCS) is warning consumers against using claims management companies to retrieve money from mis-sold payment protection insurance (PPI).

A draft report released by the FSA today has further detailed the relationship between the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).

Cash poor, unpopular and without a director-general, AIFA members are beginning to call for radical measures to rescue the organisation.

St James's Place (SJP) has rejected accusations that the company is sales-driven.

SIPP provider Rowanmoor plans to break even in 2012 after announcing promising final-quarter results for 2011 this week.

Adviser group Paradigm is set to launch a standalone corporate wrap next week.

AIFA has appointed Chris Hannant as policy director, replacing Andrew Strange who left in August.

The FSA has extended its investigation into advisers who sold Arch Cru funds to include inherited or acquired clients.

The government has taken a step towards creating tax-transparent collective investment schemes (CIS) within the UK.

Ashcourt Rowan has appointed Jim Roberts, founder of Skandia Investment Management, to the board as a non-executive director.