Prudential paid its chief executive officer Tidjane Thiam £7.8m last year despite him being reprimanded by the Financial Services Authority (FSA) over a bid for AIA Group.

Openwork, the restricted network, has become a member of the Association of Professional Financial Advisers (APFA).

REGULATION

The Chartered Insurance Institute (CII) looked into 525 disciplinary cases in 2012, according to its latest Professional Standards Board report.

The Financial Conduct Authority (FCA) has issued an alert to consumers not to fall foul of a website which is a clone of London-based wealth manager.

The Upper Tribunal has backed the Financial Services Authority's (FSA) decision to ban an insurance broker who fraudulently obtained a £20,000 overdraft on the grounds that he is "not a fit and proper person".

Consumers are missing out on £18.3bn worth of compensation for the mis-selling of payment protection insurance (PPI) policies, according to research by claims management firm EMCAS.

The Personal Finance Society (PFS) has put together a buyer's guide for advisers on professional indemnity (PI) insurance, with top tips on what to look for when choosing cover.

Tidjane Thiam, chief executive of Prudential, is in line for a £7m share jackpot despite receiving a personal rebuke last week from City regulators.

Harlequin Property, the UK-based overseas property sales agent that is at the centre of a Serious Fraud Office (SFO) investigation, has lost its second auditor in under three years.