Regulation

Chris Smallwood, the chief executive of Openwork-owned national IFA 2plan, has called on the regulator to crack down on what he said were 'misleading' terms used by some restricted advice firms to describe their services.

Financial advisers operating in Europe are less strictly regulated than their UK counterparts yet consumers are still afforded the same degree of protection, according to Zurich Life government affairs principal Matt Connell.

The Ministry of Justice increased pressure on the claims management sector last year resulting in the removal of more than 200 licences from firms flouting the rules.

The UK's economic recovery is "not yet secure", Chancellor George Osborne has warned, ahead of next month's Budget.

The executive board of the Financial Conduct Authority (FCA) is concerned about the rate at which its staff leave the organisation, and is also considering an independent review into its decision making processes, minutes of its latest meeting have revealed....

FOS accused of mis-guided PPI predictions by trade body

Lloyds Banking Group says it is increasing its provision for the mis-selling of payment protection insurance (PPI) by another £1.8bn, bringing the total to nearly £10bn.

The Financial Conduct Authority has published a Frequently Asked Questions document in a bid to clear up advice-related confusion ahead of the incoming Mortgage Market Review on 26 April.

The Office of Tax Simplification (OTS) has suggested a "pragmatic" cut to National Insurance Contribution (NICs) rates.

A former investment adviser has been fined £19,900 and banned by the Financial Conduct Authority (FCA) for fabricating his Statement of Professional Standing by using a template he found online.