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The Financial Conduct Authority (FCA) has launched enforcement action against at least one medium size firm for failing to handle payment protection insurance (PPI) claims properly, after it found "serious problems" at two thirds of the firms it reviewed....

The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).

The national minimum wage will be "strengthened" should Labour get to power following the next election, Labour leader Ed Miliband has pledged.

National advisory firm Towry has acquired Aberdeenshire-based adviser Conclusion Financial Planning in what marks the fourth acquisition by the business so far this year.

Network Lighthouse has reported an 18% drop in adviser numbers, which have hit its revenue and profit figures.

The Personal Finance Society (PFS) will lead its regional conference programme on adviser charging.