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More than half of advisers (53%) have found the transition to the Retail Distribution Review (RDR) either smooth or very smooth, according to research published today.

PLATFORMS

DEAD END

Restricted adviser network Openwork has put expansion plans on hold shortly after reporting its first ever profitable year, and will instead focus on the quality of its operation.

The Financial Conduct Authority (FCA) has outlined a number of good and bad practices in its consultation paper on inducements after it found "serious failings" among advisory firms in complying with the regulator's conflict of interest rule.

A campaign to introduce a long-stop for advisers is gaining momentum. Fiona Murphy looks at the issues driving this

The Financial Conduct Authority (FCA) has found breaches to Principle 8 regarding conflicts of interest in half of the firms it reviewed as part of a report into inducements between advisers and providers.

Barclays is to face another payout, of £100m, this time for a paperwork blunder that led to 300,000 customers being overcharged, according to reports.

The Liberal Democrats have vowed to close tax loopholes in limited partnership firms and for private equity investors, as part of the party's action to "tackle the remaining deficit fairly".

Figures from the Financial Ombudsman reveal how Britain's banking giants are wrongly throwing out 70 % of complaints about so-called packaged accounts - which cost customers up to £300 a year.