A tenth of advisers are considering the 'restricted' advice route after 2012, significantly fewer than recent estimates, new research suggests.
The FSA has fined DB Mortgages, part of the Deutsche Bank Group, £840,000 for irresponsible lending practices and unfair treatment of customers in arrears, and secured £1.5m in redress for customers.
A former mortgage broker is taking on the FSA without any legal representation as part of a £1.67m libel claim.
The Treasury has confirmed the RDR will not impact upon the ability of firms based in Europe to advise clients in the UK, although it insists the use of passporting to evade regulation will not be permitted.
A total of 678 signatures have been collected for a petition to the FSA and the Treasury calling for a review of the funding of the FSCS.
Martin Bamford was the big winner at the Unbiased.co.uk Media IFA of the Year awards last night, picking up two prizes.
Victim Support was able to raise £2,500 at the recent Professional Adviser Awards thanks to our generous guests.
An increasing number of IFAs are reporting growth in their income, while more are also getting to grips with meeting the RDR's qualification requirements, a study suggests.
Consolidation vehicle Resolution is unlikely to make any further acquisitions this year and will focus instead on generating returns from existing businesses, according to bankers and analysts.
The new consumer and markets regulator will be renamed the Financial Conduct Authority (FCA) with a remit to ban retail products and warn investors about pending enforcement actions.