Conservative MP Mark Garnier has promised to give FSA chief executive Hector Sants and chairman Adair Turner "hell" when they are hauled in front of the Treasury Select Committee (TSC) and forced to justify the RDR in a public evidence session next week....

Frank Dolan says the main issue is not gender discrimination but risk.

The FSCS has defended its £4m consumer advertising campaign by comparing it to the £1.6bn it says the financial services sector spends annually on advertising.

The FSA has issued an 'emerging risk' warning on investment advice firms which it says may seek to maximise recurring income before the RDR deadline next year.

Clive Cowdery has promised to give 60% of the management profits from his life company consolidator business Resolution to a charitable foundation for the working poor.

The FSA is proposing to restrict when firms can impose a market value reduction (MVR) on with-profits funds, in a consultation aimed at tightening rules to better protect policyholders.

The FSA must close a ‘liquid­ation loophole' which many advisers use to shuffle the cost of complaints onto the industry-at-large via the FSCS, according to a claims management firm.

Barry O'Dwyer, Prudential UK deputy CEO, said he expects the post-RDR mass market advice gap to be filled by online personalised recommendations, like those used by web retailer Amazon.

Verena Ross, international director of the FSA, has been nominated by the 27 EU member states to be the first head of the European Securities and Markets Authority (ESMA).

Sterling rose against the dollar and the euro after monetary policy committee (MPC) minutes for February showed a more hawkish outlook than expected.