Regulation

The FCA has found evidence of life insurers having inducements in place that could influence advisers, ‘undermining the objectives of RDR', and is to consult on new guidance.

An adviser has hit out about the lack of understanding surrounding the value of advice post-Retail Distribution Review (RDR), claiming that the regulator should have done more to inform people.

Financial education has been confirmed as an official part of the English national curriculum, including lessons on the public finances.

The Retail Distribution Review (RDR) has exacerbated a polarisation of the advisory market, with an almost even split of firms forecasting growth and those predicting static or declining revenues over the next three years, research has suggested.

The National Audit Office (NAO) has concluded the Department for Work and Pensions (DWP) has not achieved value for money in implementing Universal Credit and has suffered a series of setbacks as a result.

The Financial Ombudsman Service (FOS) threw out two-thirds of gripes against the most complained-about advisory groups in the first half of 2013, figures show.

The Bank of England will intervene in banks and building societies' mortgage lending if they appear to be stoking a house price bubble, its governor has warned.

Private Medical Insurance (PMI) premiums are higher than necessary as private hospitals face little competition in local areas across the UK, the Competition Commission (CC) has found.

Disability charities have slammed the government's Workplace Capability Assessments (WCA) as ‘farcical' as those with progressive conditions are being advised they could consider a return to work.

Charlie Bean, the deputy governor of the Bank of England (BoE), has said the Bank has sent a "clear signal" it won't increase interest rates anytime soon as he expressed some surprise at investors' reaction to its position.