Regulation

An independent adviser has been told he will not have to compensate a client he recommended invest in a Keydata product, even though an ombudsman ruled he had given unsuitable advice.

CPD

EMERGENCY

The Financial Services Authority (FSA) should extend its guidance on investment-switching suitability to consider volatility and risk, according to Skandia Investment Group.

CONDENSED NEWS

The government must conduct a full review of the 'uncontrollable' cost of regulation and the impact it is having on businesses, according to Tenet.

KEY FACTS

MUST DO

UCIS

Eight out of ten advisers could move to a restricted advice model after the retail distribution review (RDR), recent findings suggest.