The UK financial services industry's hand in European Union negotiations has been strengthened by the surprise appointment of a Conservative peer to the key role of European Union (EU) commissioner for financial services.
The chief executive of the Financial Conduct Authority (FCA) has said the market will innovate to close any advice gaps created from changes brought in following the Retail Distribution Review (RDR).
The Investment Management Association (IMA) has highlighted the scale of regulatory change that may be required if Scotland votes for independence, after revealing 11% of total fund industry assets are run by Scottish-based groups.
Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), said he has confidence the Money Advice Service (MAS) is a "competent organisation", though said it faces a huge operational challenge to deliver the free financial guidance...
The Financial Services Compensation Scheme (FSCS) has launched a new consumer awareness campaign, starring five celebrities, which it hopes will increase awareness of the scheme to 70% of savers.
Prudential's director of UK and European insurance subsidiaries and head actuary has joined the Prudential Regulation Authority (PRA) as an independent member of the board.
The Financial Conduct Authority's (FCA) directors racked up expense claims between April last year and this March of £61,887, mainly to cover the cost of foreign travel for the chairman, chief executive and supervision director.
Support services provider SimplyBiz is launching a series of events focusing on investments and the sunset clause.
Hargreaves Lansdown has reported a record pre-tax profit of £209.8m for the year to 30 June after it weathered the impact of changes to its charging model and falling returns on cash.