Advisers have rated Financial Conduct Authority (FCA) presentations above 90% for the second quarter in a row, according to a survey by the Personal Finance Society (PFS).
The Financial Conduct Authority (FCA) expects the guidance guarantee to "help people understand the questions they should be asking", not offer choices for them, director of policy David Geale has told MPs.
The Financial Ombudsman Service (FOS) has ordered an equity release provider to repay a client the cost of a lifetime mortgage after it found the client had received bad advice.
Complaints to the Financial Ombudsman Service (FOS) about annuities and income drawdown products have seen an uptick the since the March Budget, new figures have shown.
The FCA's Rory Percival is unimpressed by firms seeking to 'please the regulator'. But what other option do firms have?
Annuities will soon be protected 100% by the Financial Services Compensation Scheme (FSCS) if recent proposals by the Prudential Regulation Authority (PRA) get adopted.
Almost three quarters of advisers want to be included on a Money Advice Service (MAS) directory for firms prepared to give retirement advice to those who have received free pensions 'guidance' under a government scheme, research suggests.
The industry should not underestimate the lack of understanding among professional connection partners of the Retail Distribution Review (RDR) and its impact on advice firms, a Prudential business consultancy manager has warned.
The regulator has "completely messed up the definition of independence", said professional connections support organisation SIFA, as it claimed 95% of solicitors would still chose IFAs over restricted advisers.
The vast majority of advisers want to see uniformity in the terms used for fund share classes, and are prepared to pay more in return, research suggests.