The Chartered Insurance Institute (CII) is currently undertaking a survey of consumers to see what impact the changes brought about by the Retail Distribution Review has had on them and their view of advice.
The Retail Distribution Review (RDR) has "intensified the competitive environment", according to wealth manager Brewin Dolphin, as it announces profit before tax for the year to September was 4% down on the previous year.
The Financial Conduct Authority (FCA) has issued a warning to investors about an unauthorised firm it believes has been targeting people in the UK.
Morningstar has launched qualitative research and ratings for passive funds, assigning a Morningstar Analyst Rating for 25 of the most popular index funds in the UK.
Savers will be able to shelter any returns from peer-to-peer lending activities in a tax-free individual savings account (ISA), according to reports.
Investors view the whole of the financial services industry through the prism of banks' behaviour, meaning trade bodies must do more to talk up the good the profession does, according to ex-Morningstar OBSR managing director Richard Romer-Lee.
Royal Bank of Scotland (RBS) will have to undergo an independent skilled person review of its lending practices following allegations that it put some good and viable businesses into default so it could boost profits.
Retiring armed forces personnel should be seen as a ripe hunting ground for new advisers, according to Lighthouse chief executive Malcolm Streatfield.
Savers in South Buckinghamshire have the highest average savings balances in the UK at £13,429, which is three times the typical balance in Hackney, research shows.
Aurelius Capital, the largest hedge fund investor in the Co-op Bank, has sold down almost its entire stake to rival Perry Capital.