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Standard Life has named Eddy Reynolds as its head of adviser and investment proposition, in a newly created role.

The Financial Services Authority (FSA) has confirmed its approach to temporary product intervention and said the incoming Financial Conduct Authority (FCA) "will not hesitate" to use its powers.

Lighthouse Group has strengthened its relationship with Foresters Friendly Society meaning that the society's full product suite will now be made available to Lighthouse advisers.

The total amount required to fund the incoming Financial Conduct Authority's (FCA's) budgeted costs for 2013/14 has been estimated at £432.1m.

Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has outlined his plans to restore consumer trust in financial services.

The Association of Professional Financial Advisers (APFA) has urged the Ministry of Justice (MoJ) to investigate Claims Management Companies (CMCs), which it thinks are increasingly manufacturing claims.

The head of the incoming Financial Conduct Authority (FCA) has suggested the new body will adopt a less aggressive tone than its predecessor and will instead seek to "have a dialogue" with the companies and individuals it regulates.

Adviser support group Tenet is extending its offer of permanent run-off cover to the wider market.

Towry director and senior client partner Gaius Jones is to join Ashcourt Rowan as chief executive.

The Financial Ombudsman (FOS) has confirmed that it will be imposing a levy on regulated businesses for 2013/14 of £23m, up 30% from £17.7m last year.