St James's Place (SJP) saw profits rise 23% in 2012 compared with the previous year, thanks in part to higher income from funds under management, which again were a record for the business.
The Financial Conduct Authority (FCA) will not seek to pre-approve products, according to CEO-designate Martin Wheatley.
The Financial Services Authority (FSA) is warning advisers to ensure their in-house risk assessments are aligned with those of any discretionary fund managers (DFMs) they use.
There's little point beating around the bush on this: trust in financial services is waning. Has been for a while. The financial crisis; bankers' bonuses; the payment protection insurance scandal - none have helped to instil confidence in the industry....
The Personal Finance Society (PFS) has launched an online ethics toolkit for its members.
Three men have been arrested as part of the Financial Services Authority's (FSA's) and Metropolitan Police's ongoing fight against insider dealing and market abuse.
Some employers are fretful about discussing automatic enrolment with their employees for fear of straying into "heavily regulated" financial advice, a study suggests.