Nearly three quarters of firms are still failing to show clients the true cost of advice, the regulator has found in what it calls a "wake-up call" for the industry which has already put two firms at risk of enforcement action.

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The Pensions Advisory Service (TPAS) is considering the launch of video and Skype services to meet public demand for the government's financial ‘guidance guarantee'.

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Prudential chief executive Tidjane Thiam received £8.7m in pay and perks last year, amid accusations that the life and pensions sector fails to treat customers fairly.

House price growth is showing "tentative signs of moderation", according to the Nationwide Building Society.

Chancellor George Osborne has written to the chairman of the Financial Conduct Authority (FCA) criticising the regulator for its "damaging" behaviour in releasing details of its investigation into insurance policies before a formal announcement.

The Financial Conduct Authority (FCA) has raised concern over the potential risk to savers who access their full pension pots at retirement following changes announced in the Budget 2014.

The Financial Conduct Authority (FCA) is to investigate about 30 million insurance company policies over concerns that customers are subject to "unfair" conditions.

Attending the life planning conference without the life companies