News

The Financial Services Compensation Scheme's (FSCS) case against advisers who sold Keydata products has been further delayed as the judge considers whether to include firms with less in claims against them than previously required.

Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.

HMRC has published guidance on the transitional issues associated with the pension changes that were announced in this year's Budget.

Walker Crips Group has reported a boost to revenues over the last quarter, and says it expects its new recruits will continue to drive future growth.

The prospect of a 'regulatory dividend' for advisory firms - proposed by the Association of Professional Financial Advisers (APFA) - has been all but ruled out by the Financial Conduct Authority (FCA).

Mark Hoban has backed the Money Advice Service (MAS) to play a central role in providing the guidance guarantee.

Australia is considering whether to force people to convert all or part of their pension benefits into retirement products to help manage longevity.

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale has said the service "hopes" to be able to publish a full account of what it has clawed back from firms who mis-sold Keydata products next year.

Advisers' hopes for the re-introduction of a long-stop on client complaints have suffered a blow after Financial Conduct Authority (FCA) chief Martin Wheatley suggested the regulator's investigation into the matter may have hit a roadblock.

The Association of Professional Financial Advisers (APFA) wants the government to include references to the benefits of full financial advice in its at-retirement guidance guarantee.