Regulation

The deputy chairman of the Conservative Party has expressed concerns about Hector Sants' proposed appointment as the head of one of the Financial Services Authority's successor bodies, and hinted at more dissent from fellow Treasury Select Committee (TSC)...

FIVE THINGS

The Association of Independent Financial Advisers (AIFA) has announced that LV= has become an associate member of the organisation.

Geir Haarde, the former Icelandic Prime Minister, is to go on trial on charges of negligence during the 2008 financial crisis.

The pick of this week's articles on IFAonline...

Schroders has cut the initial charge on a range of unit trusts from 5.25% to 3.25% ahead of the Retail Distribution Review.

A group of senior politicians and pension providers have called on the Financial Services Authority (FSA) to review the impact the retail distribution review (RDR) will have on pension provision.

HMRC has published its final guidance setting out when VAT will be exempt on adviser charging arrangements post RDR. Here are the guidelines in full.

Advisers unable to evidence that a VAT exempt transaction has taken place will be charged at the standard rate, final HMRC guidance states.

The Association of British Insurers (ABI) has criticised the 'adversarial' remit of the industry's proposed new regulator, the Financial Conduct Authority (FCA).