Parliament

In the week the government launched a major review of the financial advice market, Professional Adviser looks at the impact the Tories have had on the sector in their first 90 days in power...

An adviser has started a petition to Parliament calling for a vote of no confidence in the Financial Ombudsman Service (FOS) and for it to be brought under the remit of common law.

The Association of Professional Financial Advisers (APFA) has set out its lobbying priorities for the next parliamentary year in an open letter to advisers, calling for help for a profession it said is struggling with the burden of regulation and regulatory...

HSBC's senior executives have apologised to a committee of MPs for the failings in its Swiss private banking arm which meant clients avoided paying millions in tax.

The public may view all protection products as "toxic" following the payment protection insurance (PPI) mis-selling scandal, according to the chairman of the All Party Parliamentary Group for Insurance and Financial Services.

The Financial Conduct Authority (FCA) must establish a ‘second line of defence' for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.

Ex-Tenet director Geoffrey Clarkson and broker Marsh UK are in talks about putting together a solution that would free advisers from their life long consumer complaint liabilities.

A group of Lifemark-backed Keydata bond investors are renewing their efforts to organise a public inquiry into the collapse of the investment scheme nearly five years ago, by lobbying their MPs to act.

A committee of MPs has called for a ban on payday loan advertising on children's television, but the industry has dismissed their concerns.

MPs have refused to grant the regulator the power to ban individuals before its investigations into them are completed, due in part to the "serious harm" it could cause small firms.