Regulation

Should clients defer buying an annuity following Budget changes?

The proposed role of the Money Advice Service (MAS) in delivering financial guidance to thousands of retirees is "concerning", according to Treasury Select Committee (TSC) chairman Andrew Tyrie.

Financial advisers could pay a larger share of the costs for delivering the government's ‘guidance guarantee' than pension providers.

Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.

Video: Steve Webb on annuities, investment risk and pensions 'guidance'

The prospect of a 'regulatory dividend' for advisory firms - proposed by the Association of Professional Financial Advisers (APFA) - has been all but ruled out by the Financial Conduct Authority (FCA).

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale has said the service "hopes" to be able to publish a full account of what it has clawed back from firms who mis-sold Keydata products next year.

Advisers' hopes for the re-introduction of a long-stop on client complaints have suffered a blow after Financial Conduct Authority (FCA) chief Martin Wheatley suggested the regulator's investigation into the matter may have hit a roadblock.

Yorkshire Bank has threatened advisers who sold failed property investment scheme Arck that it will pursue them for money if their clients make a claim for compensation against the bank.

Six surprising snippets from the FCA's latest consultation paper