Consumers are happy to pay separately for the costs of unbiased, whole of market advice, research suggests.
Government moves to cut tax relief on the pension contributions of high earners will further undermine trust in the system, the Association of British Insurers (ABI) warns.
The number of brokers operating in the intermediary mortgage market has further to shrink, according to the latest member survey from the Intermediary Mortgage Lenders Association (IMLA).
Brokers are working extra hours including sacrificing their bank holiday weekends in order to research the latest mortgage deals rates, according to research from Abbey for Intermediaries.
Arch Financial Products says it asked the FSA to restrict its ability to manage investments, including the suspended Arch cru range, in a bid to reassure IFAs and investors.
A free online service enabling advisers to log and track agency requests across all the major providers from one place has been launched.
A group of expat pensioners will take their case demanding the unfreezing of their pension income by the UK Government to the European Court of Human Rights (ECHR).
Stephen Haddrill, director general of the ABI will leave in November to become chief executive of the Financial Reporting Council (FRC).
Julius Baer plans to split its private banking and asset management arms into two independently-listed companies, with reports suggesting it could eventually offload the fund operations.
Alistair Darling has predicted the recession will be over by Christmas, brushing aside doubts that his Budget forecasts are overoptimistic.