Regulation

The suspended EEA Life Settlements fund has submitted its plans to the Guernsey regulator for restructuring.

The Financial Services Authority (FSA) has said it plans more education of firms and invention to curb market abuse on the ‘front line' of financial services.

Platform giant Skandia has reversed its post-RDR stance requiring advisers who take a percentage fee to get a new client agreement every time a top-up into an investment is made.

Kate Brookes, IFA at Jones Hill, said she is feeling positive about the future after failing to hit a much anticipated "brick wall" on 1 January.

Sandringham Financial Partners, the national advisory business, has signed up as a partner of the New Model Business Academy (NMBA) to invest in not-for-profit training and development.

The chief executive of Lloyds Banking Group has suggested claims management companies should be forced to cover the costs of false claims.

GOSLING'S GROUSE

The Financial Services Authority (FSA) will conduct a review into the £800bn unit-linked fund sector.

Insurance companies such as Standard Life and Resolution could lose out from a Financial Services Authority (FSA) probe into the £11bn annuities market, analysts said.

Thousands of advisers have yet to obtain their mandatory statement of professional standing (SPS), according to figures from accredited bodies.