Regulation

The Ministry of Justice is to take action against unscrupulous claims management companies (CMCs) who target IFA firms, following a meeting between the regulator and support service PanaceaIFA.

Lord Turner, the chairman of the Financial Services Authority (FSA), has admitted the £350,000 remuneration package offered to Money Advice Service (MAS) chief executive Tony Hobman was "a bit too high".

An MP has branded the Money Advice Service (MAS) as a 'playground bully' for its disruptive influence on the industry and the delivery of debt advice.

Banks should use the row over the sail of complex financial instruments to small businesses to overhaul their customer relationships and link pay to customer service, according to Hector Sants.

The Financial Services Authority (FSA) has admitted it had concerns about the way in which the industry was being asked to fund the Money Advice Service (MAS), although is hand was forced by the Treasury.

The Pensions Regulator (TPR) will aim to prosecute companies that wilfully evade their auto-enrolment duties.

The Skandia CEO says although the term restricted advice carries negative connotations, it could be the predominant model of advice in five years' time.

Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.

Nucleus has launched a series of workshops designed to help advisers understand what the Retail Distribution Review (RDR) will mean for them in practice.

Setting up the Prudential Regulation Authority (PRA) could cost up to £150m, the Financial Services Authority (FSA) said today.