The FSA has extended by five months the time customers can make complaints to the Ombudsman over purchasing payment protection insurance(PPI).

The regulator says it will not implement AIFA's call for a "major overhaul" of adviser levies until further consultation, which will not see any changes introduced until 2011/12.

The FSA's proposed ban on fund manager rebates will "strike at the heart" of the platform pricing model and create an unlevel playing field, warns Tisa.

The Dow Jones has rebounded from yesterday's sharp fall as positive news emanating from China and Spain outweighed disappointing US economic figures.

Skandia is to be partner sponsor of the Travis Perkins Senior Masters golf Tournament, as it looks to further build its brand in the sports industry.

Anti-RDR group Adviser Alliance has recruited European Member of Parliament Godfrey Bloom to its ranks as it holds out hope the EU could overturn UK regulations.

The Dow has opened in positive territory after a sense of calm was restored to world markets following yesterday's dramatic falls.

Cofunds' profits fell to £2.3m last year as the market downturn took hold, but the company underlined its "strong position" owing to a surge in assets onto the platform.

Moneygate has boosted its senior management team with three new appointments as the national IFA bids to grow the business ten-fold.

As many as one in three advisers could leave the sector post-RDR as smaller firms struggle to survive and consolidation grips the industry, according to Bluefin Advisory Services.