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The Personal Finance Society (PFS) has put together a buyer's guide for advisers on professional indemnity (PI) insurance, with top tips on what to look for when choosing cover.

The Association of Professional Financial Advisers (APFA) has called for the fees charged by the Financial Conduct Authority (FCA) to reflect the recent drop in adviser numbers.

President of the Institute of Financial Planning (IFP) Nick Cann has been taken ill and is to spend some time away from his post while he recovers.

MOVERS & SHAKERS

David Nish, the chief executive of Standard Life, saw his remuneration hit £5m last year, up from about £2.5m in 2011.

Advisers and clients could get "caught out" by the new tax treatment of payment of trail commission, according to James Hay Partnership.

Regulators have fined companies and top bosses about £1bn for fraudulent activities since 2007, a report due out today has found.

Wealth manager Towry has revised plans to list in the coming months, telling the FT it has raised enough private funds to expand through acquisitions.

New tighter rules governing the sale of 'packaged accounts' have come into force.

The Financial Services Authority (FSA) ceased operation yesterday and was replaced by two powerful regulators.