Parliament

The Association of Independent Financial Advisers (AIFA) and the Association of British Insurers (ABI) is to co-host a roundtable event looking at how upcoming regulatory changes will affect IFAs.

The Financial Services Consumer Panel (FSCP) has called for new regulator to be able to publish the results of mystery shopping exercises, among other recommendations for increased transparency.

The Queen has confirmed the government will introduce legislation to reform public sector pensions, changing the schemes from final salary set ups to career average arrangements.

Conservative big-hitter David Davis MP has given a cautious welcome to the Financial Services Authority's (FSA's) Arch Cru redress scheme, although he has warned it may be harsh on financial advisers.

Conservative heavyweight David Davis MP has called on the Serious Fraud Office to investigate the Arch Cru collapse, according to reports.

The government must conduct a full review of the 'uncontrollable' cost of regulation and the impact it is having on businesses, according to Tenet.

Leading asset managers and insurers have donated more than £90,000 to a parliamentary group on corporate governance.

TWIN PEAKS

The Association of Independent Financial Advisers (AIFA) is still hopeful of more amendments to the Financial Services Bill, including the reintroduction of a long-stop, after the legislation progressed through its latest stage.

The Money Advice Service has failed to make clear its strategy and is in danger of failing to serve its target audience, according to a shadow minister.