Advisory businesses will see a marked reduction in the amount they contribute to the Money Advice Service (MAS) in 2013/14 if proposed changes to the way it is funded are approved.
Bankers' bonuses should be delayed for up to ten years to kill off a culture of short-termism at large institutions, a senior official has suggested.
A network allowing de-authorised advisers to continue to claim trail commission is to launch in March this year.
More than 100 current and former employees of Barclays have lost their fight for their identities to be concealed in an upcoming court case centred on the alleged rigging of the LIBOR interest rate.
The former head of Lloyds Banking Group's retail division has apologised "wholeheartedly" for the mis-selling of payment protection insurance (PPI), for which the bank has so far paid £5.3bn reimbursing customers.
The Crown Prosecution Service (CPS) is to ramp up investigations into middle class professionals evading tax, as part of proposals to be outlined on Tuesday.
A report by Fidelity and the Cass Business School suggests as many as 43 million Britons could fall into what they call a "guidance gap" as a result of the Retail Distribution Review (RDR).
The Financial Standards Authority (FSA) may be forced to reconsider the Financial Services Compensation Scheme (FSCS) threshold when the impact of the Retail Distribution Review (RDR) on adviser revenues becomes more apparent, APFA has said.
The Financial Services Authority (FSA)is considering introducing a time limit for Payment Protection Insurance (PPI) complaints after being approached by the British Bankers' Association (BBA).
Providers including banks and insurance companies may be forced to part-fund compensation costs sparked by the failure of intermediaries, after the Financial Services Authority (FSA) re-drafted proposals on funding the Financial Services Compensation...