The Financial Conduct Authority (FCA) is still concerned about transparency in the advice space, especially in relation to charging and independence, chief executive Martin Wheatley has said.

Financial adviser numbers are continuing to rise, albeit marginally, since the introduction of new rules following the Retail Distribution Review (RDR), according to the most recent figures from the Financial Conduct Authority (FCA).

M&G Real Estate and Aberdeen Asset Management have joined forces to create a new real estate fund structure valued at £210m.

Banks' redress payments to customers embroiled in the interest rate swap mis-selling scandal surged to £158.6m in December, putting most banks on track to reach their projected review targets.

The Financial Conduct Authority (FCA) has warned investors of a new boiler room scam operating under the same name as authorised firm LBV Asset Management.

The Treasury has spent more than £2.6m on administering the Equitable Life payments scheme (ELPS) in the three months to November, government figures have shown.

Wealth manager Towry will accelerate its acquisition programme in 2014, with plans to buy as many as ten businesses, its head of wealth advice has said.

The Financial Ombudsman Service (FOS) plans to freeze the levy it collects from firms and cut its budget by 20% over the coming year.

Competition for financial adviser jobs is experiencing a surge according to independent advice group deVere, which has seen job applications double this January.

A group of UK and Irish investors who lost money in a Portuguese property scheme which never built anything, has accused the Irish government of conspiring with the fraudsters, a claim vigorously denied by Irish government agencies.