Regulation

Investors using direct to consumer platforms are now among the largest shareholders in investment trusts, as a post-Retail Distribution Review (RDR) revival for the sector gets underway.

Complaints to the Financial Ombudsman Service (FOS) about annuities and income drawdown products have seen an uptick the since the March Budget, new figures have shown.

The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.

The FCA's Rory Percival is unimpressed by firms seeking to 'please the regulator'. But what other option do firms have?

The court case we all thought was a victory for the client

The (real) secret to picking platforms

HSBC is to review historical pension transfer cases to see if it is earning trail income for ongoing advice it is not delivering.

The industry should not underestimate the lack of understanding among professional connection partners of the Retail Distribution Review (RDR) and its impact on advice firms, a Prudential business consultancy manager has warned.

The regulator has "completely messed up the definition of independence", said professional connections support organisation SIFA, as it claimed 95% of solicitors would still chose IFAs over restricted advisers.

SimplyBiz has launched a scheme to help heads of advice firms meet the regulatory requirements around competence and training of their advisers.