Regulation

An independent Scotland would result in its economy struggling for at least ten years, according to a poll of leading fund managers.

The Association of Professional Financial Advisers (APFA) will today meet with the Financial Conduct Authority (FCA) as it continues to push the regulator over an adviser long-stop.

Around three-quarters of advisers have received false or manufactured accusations from Financial Ombudsman Service (FOS) complainants, an increase in 10% over three years.

Royal Bank of Scotland (RBS) will move its operations to London should Scotland vote to go independent, it has confirmed.

The Financial Services Consumer Panel (FSCP) has called for the Money Advice Service (MAS) to widen its remit from generic advice to helping people "understand products" and "choosing a pension or a mortgage".

The first International Insurance Regulators' and Policymakers' Summit in Cardiff has launched in a bid to improve dialogue between UK insurers and international players.

The Financial Conduct Authority (FCA) has reported that firms have improved the way they handle complaints in its latest update on PPI redress work.

The British Chambers of Commerce (BCC) has upgraded its UK GDP forecast for 2014 but cautioned the recovery may be short-lived unless exports bounce back.

All regulated financial advisers could be included on a new directory being set up by the Money Advice Service (MAS) after the industry and consumers gave the green light to the project.

The Financial Conduct Authority (FCA) has pledged it will overhaul the way it issues attestations to firms - which put the onus on senior management to fix problems - by placing greater importance on clarity and transparency.