The Financial Services Authority (FSA) wants the power to ban individuals while it is still investigating them for alleged wrongdoing.
A Chorley-based branch of national advisory group Perspective Financial has agreed to offer financial advice to members of Chorley Building Society.
Axa Wealth has cut its sales team by 30 staff in a bid to restructure the business following the completion of several projects.
Most advisers are not aware that issues with the new Financial Services Authority's (FSA) reporting requirements will result in them being unable to complete parts of their reports accurately, according to one software provider.