Protection

An amendment to the Financial Services Bill proposed by two Labour peers could open up the possibility of financial advisers not having to be regulated if they do not charge for their services.

OUTPERFORM

The Financial Services Authority (FSA) has expressed concerns about the use of distribution deals to circumvent rules banning the payment of commission.

John Deane, intermediary chief of Royal London, is to leave the company after five years.

HEALTHCARE

PROTECTION

In this week's Retirement Planner quick fire poll we ask: Do you think the gap in long-term care funding could be filled by the removal of pensioner tax breaks and benefits?

Pension tax treatment is "hard to justify" and could generate the necessary revenue for long-term care reform according to research.

Money Advice Service (MAS) chairmn Gerard Lemos has defended the organisation against the torrent of criticism it has received, insisting it is "crap".

Lord Turner, the chairman of the Financial Services Authority (FSA), has admitted the £350,000 remuneration package offered to Money Advice Service (MAS) chief executive Tony Hobman was "a bit too high".