And five big stories this week were...
The Treasury Select Committee's (TSC) report into the retail distribution review (RDR) came last weekend, but the reaction continued to pour in.
TSC chairman Andrew Tyrie also expressed his anger at the speed of the FSA's initial rejection of the proposals to delay RDR implementation, although Hector Sants insisted the regulator is still considering the recommendations.
Interesting developments on the Arch Cru front, with the FSCS saying it is still unsure about the IFA liability on advice on the failed funds, while Hector Sants urged investors to drop their fight for 100% compensation.
Meanwhile, Labour MP Russell Brown tried to persuade the government to probe the FSA's role in the failure of the Arch Cru funds and warned the same thing could happen again if lessons are not learned.
Consumer Focus came out and said personal pension 'churning' for higher commissions was still occurring among IFAs and suggested the FSA should carry out a market-wide investigation into the issue.
This provoked a strong reaction from the industry, with AIFA saying the sweeping statements were a "gross injustice" to the advice profession.
Taking their places on the naughty step were two former Best Advice Financial Planning directors, who were banned and fined by the FSA after their firm gave unsuitable advice on unregulated collective investment schemes.
Meanwhile, a former Lloyds TSB adviser received an 18 month jail sentence for taking almost £140,000 from his children's school and his clients.
Co-operative Financial Services explained its reasons for exiting the advice market, saying it would have had to invest £50m into the business to prepare it for RDR.
Last week, the company announced it would be withdrawing its field-based advisory team with the loss of some 500 advisers and 670 roles in total.
What does a thriving IFA business and a successful racing car team have in common? Find out HERE
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress