Regulation

The European Parliament has voted against a ban on commission payments in Europe in a move placing it at odds with the FSA's stance under the incoming Retail Distribution Review (RDR).

Zurich has today released details of its Retail Distribution Review (RDR) charging structure and plans to close some of its products.

An adviser has had his application to become an approved person rejected because of his failure to disclose past convictions and a prosecution for mortgage fraud.

Martin Wheatley has called for tougher sentencing powers for white-collar criminals to force them to cut deals and expose other colleagues, the Independent reports.

Lord Flight has continued his broadsides against the Financial Services Authority (FSA), criticising it for taking a "tough guy, macho" approach to compensate for past failures.

The Association of Independent Financial Advisers (AIFA) has come out strongly against plans to increase the Financial Services Compensation Scheme (FSCS) levy threshold.

The Financial Services Authority (FSA) has written to providers and platforms expressing its concerns about facilitating adviser charging payments.

RSM Tenon has reduced its client bank by almost 70% as part of its segmentation process in the run up to the implementation of the Retail Distribution Review (RDR).

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