The FSA has raised concerns that advisers are adopting a "one size-fits-all" approach to platforms and not adequately managing conflicts of interest.

The FSA has suggested it is likely to go ahead with a ban on fund manager rebates when it publishes a consultation paper at the end of the month.

Aon Risk Solutions has signed a deal with AXA Commercial Lines to provide professional indemnity insurance (PII) for independent financial advisers in the UK.

The Royal Bank of Scotland (RBS) and 17 former directors, including former CEO Fred Goodwin, have been hit with a £2.4bn legal claim from a group of investors.

Ivan Martin has stepped down from his position as non- executive director of technology outfit Avelo.

Novia has added Arjent's multi-asset portfolios to the wrap in an expansion of its discretionary manager offering.

Ratings agencies have refused to apologise for mistakes made in the run-up to the subprime mortgage crisis - and warned more errors could be made in the future.

HONESTY

London & Capital's range of ten actively managed risk-graded portfolios have been added to the True Potential platform.

Sanlam Private Wealth is on the verge of acquiring three IFA businesses as its growth strategy of purchasing the client books of retiring advisers gathers pace.