"No adviser wearing the independent label should be financially rewarded by the products they sell."
Scottish Widows will help develop the Level 4 Institute of Financial Planning IFP) paraplanner qualification
An IFA has accused annuity providers of failing to treat customers fairly if they continue to offer the products at well below leading rates.
The pensions industry regularly treads a fine line between taking legitimate advantage of tax breaks and pushing the boundaries to exploit perceived loopholes in legislation and regulation.
A pensioner is fighting to claw back almost £18,000 in commission and charges that were snatched from his pension just a year before he planned to retire.
Employers should do more to help their staff effectively plan for retirement, Scottish Widows says.
Lloyds Banking Group has dismissed as "rumour" reports it may sell part of its fund management business in a bid to raise cash following its bailout by the UK Government.
Clive Cowdery's Resolution is rumoured to be in talks with Lloyds Banking Group to buy Clerical Medical for up to £4bn, according to industry observers.
Lloyds Banking Group will not close all of its Cheltenham & Gloucester branches in November as had been planned.
The Institute of Financial Planning (IFP) has launched a qualification for budding paraplanners.