Network Tenet has reported a loss of £4.4m after making a £4.5m provision for claims relating to Arch Cru and Keydata.
The Association of Professional Advisers (APFA) has today urged the Financial Conduct Authority (FCA) to re-think its proposal of fees for the coming year, claiming that advisers were hit disproportionately hard.
The Financial Services Compensation Scheme (FSCS) is looking into whether it can help customers affected by the shut-down of Carleton Credit Union Limited in Portadown.
IFA network Sesame has said it remains in a 'strong' financial position and will not increase its membership fees because of today's £6m fine for failings relating to advice given on Keydata products.
The Association of Professional Financial Advisers (APFA) has appointed Chris Hannant as its new director general.