Regulation

A major section of the new Retail Mediation Activities Return (RMAR) form has been branded "unworkable".

CHEAP ADVICE?

Former Financial Services Authority (FSA) chief executive Hector Sants is in talks to join accountancy firm Deloitte as an equity partner, according to reports.

Fund manager Gervais Williams has written to the IFA community following his comments made in a Sunday Times interview last month, in which he labelled financial advice 'expensive'.

The new compulsory three-page Key Investor Information Document (KIID) will not be enough to bridge the information gap between all-knowing product manufacturers and the end customer, according to the Financial Services Consumer Panel (FSCP).

CRYSTAL BALL

Over one third of advisers are considering changing their platform in the next 12 months according to a report released today.

DRIVING SEAT

The Association of Professional Financial Advisers (APFA) has called into question the amount of money spent each year by the Financial Services Compensation Scheme (FSCS) on recoveries.

The Financial Services Authority (FSA) is proposing emergency measures to intervene in the sale of products where it judges mis-selling, flaws, or other problems to consumers.