Regulation

An email from one provider urging advisers to maximise sales in the last week of trail is "desperate" and in "poor taste", according to managing director of Yellowtail Financial Planning, Dennis Hall.

Firms who advised on investments in the CF Arch Cru Investment and Diversified Funds must contact all their clients asking if they want their case reviewed to determine whether they were mis-sold the funds and may be eligible for redress.

The Financial Conduct Authority (FCA) must adopt greater transparency and a more market oriented approach to regulation, the Association for Professional Financial Advisers (APFA) has said.

The Financial Services Authority (FSA) has been cleared of wrongdoing by the Complaints Commissioner after a consumer complained over its handling of alleged mis-selling of an equity release-style scheme.

After a lot of wasted time talking about exams and regulation there is finally an "acceptance of reality" by advisers regarding the Retail Distribution Review (RDR), Nick Cann has said.

The Queen has spoken about "lax" City workers and a banking regulator which "didn't have the teeth" to intervene as she discussed the causes of the financial crisis during a visit to the Bank of England

Scottish Widows has announced its post-Retail Distribution Review (RDR) charging model and the enhancement of its e-commerce channel.

South-east based advisory firm, Foster Denovo, is in talks to recruit 100 advisers following an announcement in October that it plans to grow its staff by 50%.

A two-timing investment banker has been jailed for two years and eight months for insider dealing.

HEROES & VILLAINS