What made financial headlines over the weekend?
Risk of savers running out of money concern for half
What made financial headlines over the weekend?
Advice firms have raised fears over "systemic mis-selling" through simplified advice and said ongoing regulatory uncertainty has stifled market developments, according to the Financial Conduct Authority (FCA)
Banks' redress payments to customers embroiled in the interest rate swap mis-selling scandal surged to £158.6m in December, putting most banks on track to reach their projected review targets.
The Financial Conduct Authority (FCA) has issued a final notice against an insurance intermediary and fined it almost £7.4m, after discovering that its sales scripts were flawed.
Sadly many advisory businesses are preparing for RDR with ‘dumbed down' advice propositions for which fees will be hard to justify, says Bruce Moss
There are significant "flaws" in the use of risk profiling tools which could lead to accusations of mis-selling, according to a financial software provider.
An IFA who conned a widow out of £105,000 to pay his debts, has begun a 32-month jail sentence.