The Financial Conduct Authority (FCA) has asked UK financial advisers if they think the criteria they must meet to call themselves independent is out of sync with Europe-wide definitions.

The Financial Conduct Authority (FCA) is proposing to raise £74.9m from financial advisers for the coming year, representing an upswing of 10.2%.

The chief executive of the Chartered Insurance Institute (CII), the parent of adviser body the Personal Finance Society (PFS), has announced he is to step down.

The Financial Conduct Authority (FCA) has made it a requirement for firms to rank their annuity products against their peers and simplify the information they give to consumers in the form of wake-up packs.

The Money Advice Service (MAS) is set to redistribute funding from its 'money advice' proposition to its 'debt advice' offering, meaning advisers' contributions to the body could be cut.

Diaries at the ready: It's our weekly round-up of events, hires and other bits for professional financial advisers...

The regulator has encouraged people to seek independent financial advice if approached about investing their pension, as it warned of a rise in investment scamming ahead of the pensions freedom coming into force in April.

The Money Advice Service (MAS) will have its budget slashed and must be made more accountable to those regulated firms who pay for it, an independent report has said following complaints from levy payers.

Lloyds Banking Group has agreed to sell its remaining shareholding in TSB to Spanish bank Sabadell, in a deal which will value the bank at £1.7bn.

A former trader has become the third person to be sentenced in what marked the end of the first phase of the regulator's "largest and most complex insider dealing investigation" to date.