News

AIFA will propose a split in the FSCS sub-class for investment intermediaries, in a bid to separate out firms where intermediation is only a "secondary activity" and not their main business.

British Friendly is launching an income protection plan designed for the intermediary market.

Hargreaves Lansdown is to join the FTSE 100 index, reflecting the continued growth of the wealth manager in recent years.

FSA chief executive Hector Sants has insisted the regulator does not have an agenda against small firms.

Ireland's funds industry expanded over the past year as total AUM neared €2trn.

FSA chief executive Hector Sants says the FSA might consider re-introducing a long-stop for advisers.

We round up the best tweets as the Treasury Select Committee grills Hector Sants and Sheila Nicoll of the FSA.

The FSA today said it will take action against those firms churning out trail commission ahead of RDR.

Hector Sants stressed the FSA is "completely accountable" when grilled by the TSC over the thorny issue of democratic accountability and redress.

The TSC has attacked the FSA for failing to take into account age and length of service in its RDR proposals and called for a special package for older advisers.