News

The number of financial advisers with chartered status has increased 24% year on year, according to a document released by the Chartered Institute of Insurance (CII) today.

The Association of Professional Financial Advisers (APFA) has launched an industry forum made up of providers, networks and smaller adviser firms in a bid to build a stronger communication with the Financial Conduct Authority (FCA).

Royal Bank of Scotland (RBS), the state-backed lender, has rejected a joint bid to from two US private equity firms looking to buy 316 branches.

The British Chambers of Commerce(BCC) has upgraded its long-term growth forecast for the UK, but warned the economy still faces domestic and overseas challenges.

Nine more countries have signed the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Plus 9 others have commited to signing or have ratified the Convention.

The Office of Fair Trading (OFT) has been criticised by MPs for being "ineffective and timid in the extreme" over its failure to tackle loan sharks and payday lenders.

Non-advised annuity sales do not effectively service people with smaller pension pots, according to the majority of annuity experts in the marketplace.

Compliance consultancy RWA Group has launched a new consulting service aimed at financial advisers and general insurance brokerages within financial services departments.

Time spent completing the regulator's retail mediation activities return (RMAR) forms is costing the industry millions, according to the Association of Professional Financial Advisers(APFA).

HM Revenue & Customs has shut down a tax avoidance scheme operated by NT Advisors which has protected about £190m in tax revenue.