Regulation

AWD Chase de Vere has said it has no plans to offer any simplified advice, suggesting it would be unprofitable and pose too many regulatory concerns.

The Financial Services Authority (FSA) has taken enforcement action against two directors of Perspective Financial Management for failures in relation to the promotion of unregulated collective investment schemes (UCIS).

AWD Chase de Vere spent more than £1.5m settling complaints and paying customer redress last year, and expects the figure to be even higher this year.

Last week, the FSA (finally) produced guidance for firms considering launching a simplified advice proposition.

A regulated firm has been denied a refund of a portion of FSCS levies it had previously paid despite discovering it should have been exempt.

In the second of a six part special on preparing for RDR, Ed Dymott, head of commercial at Fidelity Worldwide Investment offers his tips for getting your firm ready for 2012 and beyond.

David Thomson, director of policy and public affairs at the Chartered Insurance Institute, gives a quick recap of the rules surrounding Statements of Professional Standing.

The Financial Services Authority (FSA) has failed to recognise the virtues of mutuals, Royal London says.

The time taken by the Financial Services Authority (FSA) to give financial services firms permission to expand has hit a record 97 days.

Nationals round-up: Investment trusts continued to get more publicity, while power of attorney, pensions, downsizing and fee-based advice all got a mention.