MPs on the Treasury Select Committee (TSC) will question financial secretary Mark Hoban on the Money Advice Service (MAS) later this week.

The Association of Independent Financial Advisers (AIFA) has admitted any proposal in Parliament to reintroduce a 15-year complaints long-stop for financial advisers is unlikely to make it on to the statute books.

Resolution has confirmed it will make no more acquisitions and abandoned plans to split the Friends Life business after revealing a 58% fall in profits.

The Financial Services Authority (FSA) board has expressed concerns about the accountability of the Money Advice Service (MAS).

The Financial Services Authority (FSA) has set out proposed changes to the funding of the Financial Services Compensation Scheme (FSCS).

Concerns have been expressed about the way in which the Financial Services Authority (FSA) is communicating the Retail Distribution Review (RDR) to consumers.

The government has been criticised for its insistence that the Money Advice Service (MAS) should be responsible for educating consumers about risk.

Two Labour peers have introduced an amendment to the Financial Services Bill seeking to minimise Financial services Compensation Scheme (FSCS) costs borne by levy-payers.

The Financial Services Authority (FSA) has blocked acquisition activity by a financial adviser, questioning her reputation and citing her lack of honesty and integrity.

A House of Lords committee has called for a ban on commission payments to financial advisers across Europe, regardless of their status.