'More of the same is not an option'
FSCP warns govt not to take 'damaging' action
FAMR said bosses should play a more active role
Steve Webb remains "open minded but sceptical" about private income protection insurers becoming involved in the state welfare system.
Kames Capital chief executive Martin Davis has said a consumer group report that was highly critical of how fund managers charge fees is "over simplistic" and another "rant" from the body.
The Financial Services Consumer Panel (FSCP) is calling on the regulator to implement "radical, structural reform" of how fund managers charge investors, in a damning report on the problem of "cost opacity and control" in the industry.
Evidence of advisory firms and providers avoiding their obligations following the Retail Distribution Review (RDR) is harming the ongoing campaign to rebuild public trust in financial services, according to the Financial Services Consumer Panel (FSCP)....
The Financial Services Consumer Panel (FSCP) has called for the Money Advice Service (MAS) to widen its remit from generic advice to helping people "understand products" and "choosing a pension or a mortgage".
The chair of the Financial Services Consumer Panel (FSCP) has offered harsh criticism of firms' efforts to improve how they deal with clients, saying she doesn't believe most have embraced the idea of treating customers fairly.