Regulation

JLT Wealth Management has unveiled a telephone-based advice service for its individual and corporate clients in preparation for the retail distribution review (RDR).

Mark Hoban, the financial secretary to the Treasury, has backed Capita's Arch cru payment scheme and told investors they should go after their independent fnancial advisers (IFA) for compensation.

Advisers must tell clients buying advice lets them transfer some of the liability for transactions to their IFA, Stephen Gay, director general of the Association of IFAs (AIFA) said.

Institute of Financial Planning (IFP) chief executive Nick Cann will tell MPs the increasing layers of regulation faced by financial advisers will not improve the public's access to advice when he appears in Parliament this week.

The Financial Services Authority (FSA) is to conduct 'regulatory reviews' of small businesses and tour a series of workshops to give firms face-to-face time with the regulator.

Stephen Gay, the director general of the Association of IFAs (AIFA), and Institute of Financial Planning (IFP) chief executive Nick Cann are among those set to discuss the new financial services regulatory regime with MPs this week.

A ranking system for IFAs and planners is inevitable post-RDR, according to a number of leading industry figures.

Critics of The Future of Financial Advice (FoFA) Bill - the Australian government's attempt to reform its retail investment distribution market - say it will decimate the nation's adviser numbers and orphan millions of clients, in a stirring echo of some...

The FSA is to scrutinise the quality of advice given by firms who operate a 'centralised investment proposition' ahead of the implementation of the Retail Distribution Review (RDR).

The Financial Services Authority (FSA) has cancelled the permissions of an Ayshire-based firm to carry on regulated activities after it failed to co-operate on Treating Customer Fairly (TCF) visits.