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The Financial Conduct Authority (FCA) has set out the criteria on which it decides whether to refer a firm to enforcement, recognising the option is "expensive and resource-intensive" and should be used with discretion.

An exclusive print-out guide to send to clients

Welcome to Professional Adviser's as-it-happened coverage of the summer Budget 2015 - with a slant, as always, towards those announcements, issues, outcomes and views affecting UK financial advisers...

Five key announcements advisers can expect from George Osborne

A financial adviser has denied charges he defrauded two elderly clients of more than £290,000, partly to "pay off his mortgage" and "fund his lifestyle".

The regulator may make changes to the approved persons system amid concerns the new 'certification regime' for bank advisers is weaker than for other financial advisers.

Professional Adviser calls for evidence of inconsistency

Sanlam UK made £10m from the sale of its stake in advice network Intrinsic to Old Mutual Wealth.

Why advisers can't ignore younger workers

Debt-laden network Sesame has been given access to a £45m bailout fund by its parents Aviva and Friends Life.