An adviser jailed earlier this year for more than 40 fraud-related offences has been banned by the Financial Services Authority (FSA).
The Financial Conduct Authority (FCA) will be run as a consumer champion and not for the benefit of member firms, according to a leading regulatory lawyer.
The government must do more to promote the benefits of the Retail Distribution Review (RDR) to consumers to help advisers stay in business, Tenet Group has said.
Five-and-a-half million people will opt out of receiving advice as a result of the Retail Distribution Review (RDR), presenting a "major" opportunity for providers to step in to service them, according to a report by Deloitte.