Regulation

Advisers are expected to have to pay part of a FSCS compensation bill for the alleged mismanagement of high risk Contract for Difference (CfD) investments which could total £13m.

The Financial Ombudsman Service (FOS) is in the process of deciding how it will go about publishing its decisions, and one of the main points of contention has been whether or not it should name the firms involved.

The FSA has warned advisers about "conflicts of interest" arising from holding shares in platforms.

Banks should allow consumers to select the benefits they want with their packaged accounts to help combat mis-selling of the products, Defaqto has said.

The Money Advice Service (MAS) says there is tangible evidence to show it is benefitting independent financial advisers.

Her Majesty's Revenue and Customs (HMRC) will be given new powers in the spring to tackle employers who try to dodge paying their PAYE or National Insurance contributions (NICs).

The government will not ensure the new Financial Policy Committee (FPC) includes an expert on insurance, the Chancellor has said.

The number of people earning more than £100,000 per year who use financial advisers has halved since 2008, according to AT Kearney.

The Financial Services Authority's judgement-based, twin peaks system must be embraced by the industry and lead to behavioural and cultural changes in both firms and regulators, according to Hector Sants.

Platforms are yet to make the national press but, when they do, threesixty's Phil Young fears it'll likley be due to another sorry tale of behind-the-scenes money exchange between manufacturer and adviser...