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Fiona Murphy speaks to the IFA Centre's managing director Gill Cardy about the benefits of independent advice.

Advisory businesses will see a marked reduction in the amount they contribute to the Money Advice Service (MAS) in 2013/14 if proposed changes to the way it is funded are approved.

Bankers' bonuses should be delayed for up to ten years to kill off a culture of short-termism at large institutions, a senior official has suggested.

A network allowing de-authorised advisers to continue to claim trail commission is to launch in March this year.

More than 100 current and former employees of Barclays have lost their fight for their identities to be concealed in an upcoming court case centred on the alleged rigging of the LIBOR interest rate.

The former head of Lloyds Banking Group's retail division has apologised "wholeheartedly" for the mis-selling of payment protection insurance (PPI), for which the bank has so far paid £5.3bn reimbursing customers.

The Crown Prosecution Service (CPS) is to ramp up investigations into middle class professionals evading tax, as part of proposals to be outlined on Tuesday.

The Financial Standards Authority (FSA) may be forced to reconsider the Financial Services Compensation Scheme (FSCS) threshold when the impact of the Retail Distribution Review (RDR) on adviser revenues becomes more apparent, APFA has said.

Axa Life Europe has launched a unit-linked guaranteed range to equip advisers with different retirement options for their clients.

The Financial Services Authority (FSA)is considering introducing a time limit for Payment Protection Insurance (PPI) complaints after being approached by the British Bankers' Association (BBA).