Regulation

Advisers are confused about the rules over independence and single platform use, according to data from Skandia.

CONDENSED

The Financial Services Compensation Scheme (FSCS) will be able to make small claims payouts without even investigating the eligibility of claimants, under rules confirmed by the Financial Services Authority (FSA).

The Law Society has urged the Solicitors Regulation Authority (SRA) to rethink proposals to allow referrals to restricted advisers, warning of a 'clear risk' to law firms.

VAT

Removal of commission from investment markets will help raise all-time low levels of consumer confidence in financial services, the Financial Services Consumer Panel (FSCP) has said.

COMPLAINTS

MASS MARKET MISTAKE

LONG-STOP

Adviser directory Unbiased will add whole of market restricted advisers to its search function, following a re-launch in November.