Regulation

Peter Craddock, a director at the Association of Professional Financial Advisers (APFA), is among three new names on a Financial Conduct Authority (FCA) committee responsible for approving applications and issuing warning notices.

Ex-GP Noble trustee Graham Pitcher has appealed his eight year prison sentence for his role in a £52m pension fraud.

The Treasury has spent more than £2.6m on administering the Equitable Life payments scheme (ELPS) in the three months to November, government figures have shown.

A client who protested about commission being taken from his pension without his permission and without receiving ongoing advice in return has had his complaint rejected by the Financial Ombudsman Service (FOS).

Consumer group Which? is among four organisations awarded ‘super-complainant' status by the government, meaning it has the power to present complaints to the Financial Conduct Authority (FCA), which must respond.

The Financial Services Compensation Scheme (FSCS) has begun contacting clients of failed firm Tailormade, which was a major distributor of troubled overseas property company Harlequin Property.

The government's plans to limit charges on pension schemes used for automatic enrolment have been labelled "not fit for purpose" in an official report.

The Financial Conduct Authority (FCA) has said it recognises it has "much to prove" to the advisory industry, but hopes its actions and approach will show it is different from previous regulators.

The government will start to make payments to those Equitable Life policy holders who purchased their policies before 1992 and are still alive, in December.

The government has announced it could bring forward plans to increase the state pension age (SPA) for people currently aged in their 40s or below.