The Financial Services Skills Council (FSSC) has approved the final QCF Level 4 standards with new guidelines for giving specialist advice.
The FSA will step in to "police" the banking sector, but has doubts over whether it can actually change its culture.
The majority of consumers will only be prepared to pay for investment advice as a percentage of the amount invested and will not part with more than 3% as an initial fee, industry figures say.
Phoenix Corporate Planning Group has bought up assets from the collapsed mortgage network Mortgage Times.
Fraudster Bernie Madoff was hospitalised after an attack by a fellow inmate, according to reports.
Arsenal has been drawn against holders Barcelona in the Champions League quarter finals while Manchester United face a familiar foe.
Bupa is offering group critical illness (CI) claimants and their families access to Best Doctors with no increase in premiums.
The British Insurance Brokers' Association (BIBA) has announced its Private Medical Insurance Group will broaden its remit to include income protection, critical illness, and group life insurance.
Policymakers should focus on making existing regulatory powers work before jumping to extend their remit, or risk damaging UK competitiveness, says the Association of British Insurers (ABI).
Ricky Okey, managing director of Abbey for Intermediaries (AfI), is to leave Santander.