Regulation

The FSA and HMRC must address widespread confusion over when VAT is applicable to advice-giving post-RDR, industry experts argue.

The Financial Services Compensation Scheme (FSCS) today declared 15 investment firms in default - eight of which are IFAs.

There is only one way to sum up the shake-up in the European Commission portfolios from a UK perspective - we were totally stuffed.

A local IFA has become the first personal financial planner in Wales to be certified to ISO 22222 by Standards International.

The managing director of an advisory firm has hit back at shadow pensions minister Nigel Waterson for questioning the RDR's focus on qualifications above experience.

Light-touch regulation and a belief in the fundamental rationality of the market will be replaced by a "bias towards conservatism", says Lord Turner, chairman of the FSA.

The Government's spending watchdog, the National Audit Office (NAO), is to investigate the FSA.

FSA plans requiring IFAs to hold capital of at least three months of their annual fixed expenditure risk the sustainability of the sector, warns the Association of Independent Financial Advisers (AIFA).

IFA network Openwork has unveiled a three-year plan to gets its advisers ready for the RDR.

The FSA yesterday warned it will take a "dim view" on any adviser firm seeking to build trail business in a bid to "get around" its adviser charging proposals.