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Chase de Vere today announced steep losses for 2012 of £11.2m, impacted by the £14.4m set aside to cover the costs of its Keydata legal battle and compensating clients sold Arch Cru and payment protection insurance.

National advisory firm Foster Denovo has appointed Dave Elliott to the role of head of business development for the south.

The Institute of Financial Planning (IFP) has launched a new brand for consumers to make them aware of the value of professional financial planning.

Life company AXA has said that its complaint against former Institute of Financial Planning (IFP) president Marlene Shalton for client solicitation has been "settled".

Wealth manager Ashcourt Rowan posted a loss of £2.5m in the 12 months to April as the group continues its transformation into a holistic financial planning business.

Legal & General (L&G) yesterday announced it has upped the base salary for its top executives by a fifth to £560,000.

HM Revenue & Customs (HMRC) is set to de-register up to 500 pension 'liberation' providers as part of a wider crackdown on the schemes.

The Financial Conduct Authority (FCA) has said it will step up its game in tackling financial crime and make increasing use of its newly gained enforcement powers.

Life insurers are much less optimistic about the overall business situation than they were three months ago, according to a report by PricewaterhouseCoopers (PwC) and the Confederation of British Industry (CBI)

Scott Soper has resigned from his position as compliance director of financial advisory firm, Foster Denovo.