Regulation

Good afternoon readers - below are five key articles from this week's IFAonline.co.uk...

Less than 1% of complaints made to the financial ombudsman service (FOS) last year were rejected for being frivolous, the organisation said.

Advisers have just under 500 days before the retail distribution review (RDR) bans them from receiving new commissions from providers, but the debate over the ethics of commission rages on.

The Financial Services Authority (FSA) has identified three main areas where firms (and individuals) may become involved in the delivery of a simplified advice process...

You're almost done developing a simplified advice system - all that's left is to select the products you want available on it...

The Financial Services Authority's guidance consultation on simplified advice has provided a roadmap for firms considering developing a proposition.

The FSA is warning firms developing fully-automated simplified advice processes to be mindful of the possible increased mi-selling risks they pose.

The FSA today issued proposed guidance for firms seeking to develop a 'simplified advice' process for retail investment products.

The chief executive of the Money Advice Service (MAS) today said his organisation offers advice solely as "ordinary folk understand it", and revealed some independent financial advisers (IFAs) had helped to develop its material.

The Financial Services Authority (FSA) has fined Peterborough-based Rockingham Independent £35,000 and imposed partial bans on its directors and an adviser for exposing retirees to unsuitable advice.