Advisers should be able to decide when and to whom they recommend 'simple' products, the IMA says.
Bradford & Bingley (B&B) shareholders had their hopes of compensation dashed today after an independent assessor upheld his previous ruling against a payout.
Mark Garnier has insisted only the FSA can change the course of RDR, despite the interventions of politicians and ministers.
The Treasury could scrap civil servants' right to keep their pensions when their services are bought out by private sector companies.
People in the UK are not saving enough for retirement, and radical action is needed.
The government has bowed to industry pressure to make the new Financial Conduct Authority (FCA) more open and accountable to the industry and MPs than its predecessor the FSA.
Reforms to public sector pensions have been delayed until summer 2011, the Treasury has confirmed.
The government has published the Independent Commission on Equitable Life Payments' report, which recommends how compensation worth £775m should be divided up.
The FSA will regulate second-charge loans, sale & rent back and mortgage back book administration in a bid to improve consumer protection, the government confirmed today.
IFAs are overwhelmingly in support of allowing savers access to their pension funds before retirement age, according to Suffolk Life.