The Association of Professional Financial Advisers (APFA) has asked for the regulator's budget to be frozen for three years, so it can provide a cut in real terms.

Four people have been arrested this morning following house searches carried out by the Financial Conduct Authority (FCA) and Metropolitan Police in west London.

The Financial Conduct Authority (FCA) will resume its prohibition case against a proprietary trader following a court's decision to grant the regulator's appeal.

A Berkshire-based IFA is in the process of building an execution-only offering for existing clients with investable assets of £50,000 or less, but who no longer want to engage with the firm's advice process.

The Chartered Insurance Institute (CII) has launched a new qualification for staff overseeing investment operations functions.

The Institute of Financial Planning (IFP) has taken over the organisation of the Paraplanner of the Year award, previously run by The Paraplanners.

Adviser charges based on hourly rates have largely remained the same as before the Retail Distribution Review (RDR), research commissioned by the Association of Professional Financial Advisers (APFA) suggests.

The Financial Conduct Authority (FCA) has cancelled the permissions of Somerset-based IFA firm Churchill Securities after it failed to co-operate with the regulator.

The Association of Professional Financial Advisers (APFA) said it was surprised about how few issues came out of the regulator's first thematic review into the post-Retail Distribution Review (RDR) adviser industry.

Some advisers are not transparent enough about their charges, leaving customers confused and unable to compare and contrast prices, the Financial Conduct Authority (FCA) has alleged.