Regulation

THE PROFESSIONALS

Private client manager James Hambro & Partners is to merge with rival Calkin Pattinson to create a combined group with £1bn in assets under management, advice and administration.

National IFA AWD Chase de Vere is to open an office in Chester.

Photos of HM Revenue & Customs' (HMRC's) 'most wanted' tax evaders have been posted online to prompt the public to report them.

Yesterday's statement from MacRobins has raised the stakes in the stand off between itself and the ex-Honister providers. But how far is either party prepared to go in the fight to determine trail-commission ownership?

The Money Advice Service (MAS) referred just 0.2% of its 1.3 million users to regulated financial advice last year, it has been revealed.

The Financial Services Authority (FSA) has warned of a second man contacting firms pretending to be from the regulator.

Standard Chartered has agreed to pay a $340m (£217m) fine to US regulators after it was accused of trying to hide up to $250bn of transactions with Iran.

Three ex-Honister providers will continue to accept bulk transfers despite MacRobin's assertion that there are legal and practical issues that should prevent them from doing so.

Attractive commission options on offer from some providers ahead of the Retail Distribution Review (RDR) contributed to Standard Life's fall in gross inflows to its new-style propositions, its UK chief executive has said.