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Chairman of the Treasury Committee (TC) Andrew Tyrie has again called for the abolition of the Money Advice Service (MAS), in a series of letters published on 30 November.

Advice firm Bellpenny has established a south east regional hub after acquiring Essex-based IFA Unizone.

Aviva is to pay compensation to tens of thousands of investors in one of its funds who were erroneously led to believe their capital was protected.

Ex-financial adviser Alok Dhanda has pleaded guilty to a total of 24 counts of fraud in relation to an alleged Ponzi scheme.

Personal Touch has appointed Jane Cross, formerly finance and IT director, as the network's chief executive officer.

Advisers respond to FCA call for 'short' suitability letters

The number of advisory businesses entering the industry this year outnumbered those leaving by almost 40%, according to new research.

Consumers should pay a share of the cost of the guidance guarantee, or they will fail to value the service, an adviser has argued.

The Association of Professional Financial Advisers (APFA) has welcomed new proposals to fund the guidance guarantee set out by the regulator today, saying it could save the advice industry £2m-£4m a year.

An IFA has been ordered to repay a £7,400 upfront fee it received from a client who subsequently felt its recommendations were inappropriate, following a final decision from the ombudsman.