Regulation

The Association of Independent Financial Advisers (AIFA) has launched a campaign to help advisers protect against long-term liabilities.

The Financial Services Authority (FSA) has warned shareholders in industrial and provident societies about the suitability of their investments and the risks they face.

Sesame has blamed claims management companies (CMCs) for a near-100% rise in the number of complaints against it being referred to the Financial Ombudsman Service (FOS).

Openwork has launched a support service for its advisers seeking financial assistance while transferring to a fee-based model.

The Treasury Select Committee (TSC) has said allowing the new regulator to publish early warning notices poses a risk to ‘natural justice' and urged the government to reconsider the issue.

The FSA today confirmed its policy and guidance on when trail commission will be paid after the implementation of the retail distribution review.

The FSA has finalised its guidance on when firms can (and can not) receive commission post-Retail Distribution Review (RDR).

The Investment Management Association (IMA) said it is "very disappointed" with elements of the FSA's guidance on the treatment of trail commission post-RDR.

The Financial Services Authority (FSA) will allow advisers to continue to take trail commission after 2012 on fund switches within life policies set up pre-RDR.

The FSA has issued updated guidance on firms' use of distributor-influenced funds (DIFs).