Pressure is mounting on the Treasury over Arch cru today after a second MP called for the government to step in and investigate the role of the Financial Services Authority (FSA) in the failure of the cru fund range.

David Norman, joint founder and CEO of TCF Investment, says exchange traded product (ETP) providers should be proactive in creating industry best practice in light of the FSA's ‘early intervention' approach to the sector.

MPs who back advisers' calls for a speedy review of FSCS funding will take the fight to Treasury Secretary Mark Hoban, after the FSA last night refused to commit to an April 2012 deadline for the overhaul.

The Financial Services Authority (FSA) spent £763,000 on a review of the Financial Services Compensation Scheme (FSCS) only to shelve it in 2010.

The FSA has concerns promotional literature for exchange traded tunds (ETFs) fails to adequately explain investment risk, and has warned of early intervention where it suspects problems.

An IFA has decided to itemise future client invoices to show how much of his bill relates to regulatory costs, after his FSA levy doubled this year.

The FSA is warning wealth managers to honour their obligations to clients after a review of 16 firms raised suitability of advice concerns.

The Financial Ombudsman Service (FOS) has managed to reach several Final Decisions against IFAs over Arch cru, so why is it stalling on any investigation of the fund's multi-million pound authorised corporate director, Capita?

Panorama's expose of in-branch bank "advice" saw the hashtag army hit Twitter with a vengeance, and prompted one poster to answer the programme's title by brandishing a chinnyreckon.

A former IFA, who has been accused of mis-selling investments in a Stirling Mortimer UCIS while entrusted with 'power of attorney' type status by an elderly client, has been revealed as the legal decision-maker for at least nine other people.