CASE QUALITY

Proposals to make will-writing a legal activity requiring authorisation from a regulator are likely to be submitted to the Lord Chancellor next month.

MOVERS & SHAKERS

The Financial Services Compensation Scheme (FSCS) is proposing to budget more than £7m for expenses related to recoveries in 2013/14, including from advisory businesses who recommended Keydata bonds.

A Financial Services Authority (FSA) project to compensate thousands affected by the interest rate swaps mis-selling saga has been criticised for not having the victims' interests at heart.

New staff in the private sector face "next to no chance" of joining a final-salary pension scheme, according to the National Association of Pension Funds (NAPF), after a survey suggested the closure of such schemes is accelerating.

The Professional Adviser ‘Personality of the Year' award is going to be hotly contested this year between no less than seven nominations.

Junior ISA provider The Children's ISA has launched a ‘University ISA' targeting parents concerned about university fees.

Firms distributing 'payment protection' products - such as short-term income protection - must ensure salespeople do not have inappropriate incentives to sell them, the Financial Services Authority (FSA) has stressed in new guidance.

National Savings & Investment (NS&I) is to close its Cash ISA and automatically transfer customers to its Direct ISA in May as part of long-standing plans to simplify its range of savings products.