New AIFA boss Stephen Gay has batted away suggestions the trade body picked the wrong man for the job as he unveiled his first major project as director general: a top-to-bottom strategic review of the organisation.

Mark Hoban, the financial secretary to the Treasury, yesterday said the FSA had "consulted extensively" on the RDR after he was again asked about the impact the Review could have on IFAs.

The FSA may keep the outcome of investigations into HBOS and Bradford & Bingley secret unless it finds wrongdoing.

Harriett Baldwin, one of the MPs who called this week's Commons debate on the RDR, has asked Treasury financial secretary Mark Hoban to expand on comments linking higher qualifications to adviser competency.

The owners of IFA firm CBK Colchester have repackaged and renamed the business to meet the changing buying habits of consumers and an evolving regulatory landscape.

Mike Farrell, head of sales and marketing at Royal Liver Assurance, has joined LV= as head of protection sales.

The FSA has ordered firms selling pure protection and PPI plans to review their sales policies and compliance procedures after finding "disappointing" oral disclosure practices by some firms.

Campaigning MPs Harriett Baldwin and Mark Garnier last night declared themselves "amazed" by the cross-party support they received during the much-anticipated parliamentary RDR debate, but some said the common ground meant there was a lack of any progressive...

MPs tonight called on the FSA to rethink some of the RDR's key proposals, saying they will have a detrimental impact on advisers and consumers.

The Telegraph today published 'Ten tips to spot rip-off financial advice'. Helpful, we think you'll agree. But do you find yourself, or see any of your peers or colleagues, committing any of the following?