A City law firm says a judicial review into the legality of forcing existing advisers to sit further qualifications would stand little chance of success after the idea was mooted by lobby group Adviser Alliance.
The FSA has proposed setting the new FSCS deposit compensation limit for investors at £85,000 - but says it may revise this figure if the euro-sterling exchange rate deteriorates.
Technology provider 1st Exchange has called for the industry to use plain language to ensure product information is jargon free and more accessible to consumers.
The FSA has proposed changes to its complaints handling procedure as it reveals pure protection grievances continued to grow in the first half of the year.
Services provider Tenet has been given prior learning accreditation by the CII to develop, administer and mark an alternative to the JO5 Pensions Income Options exam module.
The FSA is "in a bind" as it reconsiders its position on a rebate ban and other platform-related issues, according to Cofunds CEO Charlie Eppinger.
Only a third of consumers would be willing to pay anything for an hour of professional advice, according to a new survey by KPMG.
A group of countries including Germany and the UK have thrown their weight behind an EU proposal to fine member states for failing to cut their budget deficits.