The Financial Services Skills Council (FSSC) is launching two major reviews of its Professional Competencies standards for compliance and anti-money laundering and pension scheme administration.

MPs have been granted a three-hour slot for a full Parliamentary debate on the RDR.

Legal & General (L&G) has reported a small decline in sales through IFAs, and says it is increasing its focus on transitioning advisers and bancassurance.

Many tax reliefs could be scrapped as the Office of Tax Simplification (OTS) begins reviewing over 1,000 business and individual allowances and exemptions.

Keydata had no discretion to buy or sell bonds and so was not involved in investment management and could not be included in that FSCS sub-class for the purposes of recovering compensation costs, a court heard today.

The FSCS decided to allocate Keydata compensation claims to the investment intermediation sub-class before consulting the industry and ignored calls for a review into its decision, a court heard today.

Life giant Prudential has decided not to invest millions of pounds developing a wrap platform because it believes in future the technology could be given away free, according to head of intermediated distribution Andy Curran.

Colin Jelley will step down as head of proposition marketing for Skandia, to be replaced by Graham Bentley.

A review into how the industry pays for the FSCS has been delayed due to recent changes to the regulatory landscape, the FSA has confirmed.

The government's spending cuts and the rise in VAT to 20% in January will result in more than 1.6 million job losses across the public and private sectors, research suggests.