RDR

The Financial Conduct Authority (FCA) is reminding advisory businesses to beware "self-defeating transactions" when totting up the total charges clients are being asked to pay.

Almost half of advisers (47%) do not think consumer confidence in financial services has risen since the introduction of the Retail Distribution Review (RDR), according to Cofunds research.

Regulation round-up: Disclosure, simplified advice and payday lending

Insurer Zurich UK Life has recovered after taking a hit in its bond business last year, posting a 10% rise in operating profits in the first half of the year.

Small firms have seen improvements in the way the Financial Conduct Authority (FCA) communicates with them and said the regulator's approach has become "increasingly proactive, proportionate and predictable", according to a far reaching survey.

Full disclosure: Do your firm measure up?

Just under a fifth of advisory businesses have managed to transition all their clients to a pure adviser charging model, according to a 1,000-adviser survey.

Restricted network Personal Touch Financial Services has incurred an additional £154,000 in costs relating to claims brought against the firm in 2013, its accounts show.

We can forget simplified advice without simplified regulation, writes Derek Bradley

AFH has bought out Edinburgh-based Finlay Gow & Company for £657,000 to enter the Scottish advice market.