MPs have put their weight behind plans for the regulator to be able to publish warning notices about a firm, even before a final decision is made in the case.

MP David Davis has pressed the Financial Services Authority for an explanation over why it allowed Capita to offer only limited redress to victims of the Arch Cru investment funds scandal.

Ministers are to strip small firms of a longstanding concession which has allowed them to pay capital gains tax - rather than income tax - on the proceeds of the sale of a business.

The Financial Services Authority (FSA) has banned and fined a former client adviser at UBS AG £150,000 for failing to act with integrity.

Capita Financial Managers has published its most up-to-date figures for the total return - and loss - investors in each of the Arch Cru funds can expect.

The Financial Services Compensation Scheme has revealed it has received 600 claims against IFAs related to Arch Cru advice, but added it has yet to decide if it will pay any investors compensation.

Intermediaries could face another multi-million pound interim levy after the Financial Services Compensation Scheme (FSCS) warned it may need an extra £40m to meet compensation costs this financial year.

An IFA who contacted his professional indemnity (PI) insurer to cover Keydata advice redress claims from lawyers for the FSCS has had his application rejected.

The Financial Services Authority has secured a High Court decision against an unauthorised land banking firm, and repayment to victims of £200,000.

Could 2012 be the year low cost active funds emerge as a savvy way to keep charges down, or will they be exposed as a get-out clause for managers trying to gain space in the post-RDR world?