The Money Advice Service (MAS) has come under fire from MPs after a sub-committee of the Treasury Select Committee (TSC) accused CEO Caroline Rookes that her organisation does not know what it is doing on money advice.
Mid-market independent financial advisers could start to disappear in as little as three years' time as regulatory changes and market pressures start to bite, according to a senior figure at Openwork.
The Law Society has launched a consumer campaign to highlight the importance of using a solicitor when fighting insurance claims.
The Financial Services Compensation Scheme (FSCS) is reviewing its decision to reject claims from investors who lost money in troubled life settlement fund ARM on the advice of now-defunct IFA Rockingham Independent.
Bromsgrove-based independent financial advice firm AFH has acquired Somerset-based IFA Shape Financial in what marks the fourteenth acquisition by the firm since its flotation.
The government's Pensions Bill, which was first introduced in May and is set to reform the UK's state and private pensions, is now taking views from the public before it reaches its final stages in the Commons.
Wealth adviser Towry has said it would be "no surprise" if the regulator raises the qualifications bar for advisers to level 6 in the next two to three years.
Many advisers are not prepared to handle incoming minimum capital requirements, according to the Association of Professional Financial Advisers (APFA).
The Financial Services Compensation Scheme (FSCS) is to consider the implications for its claims process of a decision to reject its appeal against a High Court judgement which determined it failed to properly compensate an investor who lost money in...
The Financial Services Consumer Panel (FSCP) is backing calls for tougher regulation of bankers.