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.
Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.
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.
Consumers priced out of full advice may yet be able to seek the expertise of an adviser via a chargeable "dip in, dip out" information-only model, according to Cofunds distribution director Andy Coleman.
Nine independent financial advisers were among the 35 businesses to pick up a Gold Standard Award 2013.
The Financial Conduct Authority (FCA) needs to ensure people who have been shut out of the advice space can't return and "make a monkey" out of the system, the Association of Professional Financial Advisers (APFA) chairman has said.