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The Association of Professional Financial Advisers (APFA) has called for a lighter regulatory approach and a tighter grip by the regulator on product manufacturers.

The UK government has lodged a legal challenge with the European Court of Justice (ECJ) on the EU's proposed cap of bankers' bonuses.

INDUCEMENTS

The Financial Conduct Authority (FCA) has fined Clydesdale Bank (Clydesdale) £8.9m for failing to inform its customers clearly of their rights after the bank miscalculated the repayments on over 42,500 mortgages.

AXA Elevate has played its hand in the super clean space by revealing it expects to get access to preferential share classes from a range of fund managers.

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Malcolm Streatfield, the chief executive of Lighthouse Group, said the company is seeing the "first green shoots of recovery" following a difficult two years as the business prepared for new rules brought about by the Retail Distribution Review (RDR)....

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