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Salesmen selling investments in self-storage units have said they lied and forged documents to persuade investors to part with pensions worth £100m.

The Financial Ombudsman Service (FOS) has proposed to increase its levy on the industry by 5% while freezing case fees for the fourth year running.

The Financial Conduct Authority (FCA) has confirmed changes to the amounts of accessible capital investment advisory businesses must hold to absorb potential losses or redress claims.

Not providing value for money

Gordon Brown has joined global investment management firm Pimco as an adviser on economic and political issues.

It's Professional Adviser's weekly heads-up on the key quotes, events, hires, and other bits for professional financial advisers...

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Low fees change consumer perception of the value of advice

What may have caught your clients' attention in our weekly weekend papers round-up...