Regulation

The Financial Services Authority (FSA) has voiced concerns about advisers' gap-fill progress ahead of RDR implementation at the end of the year.

Advisers have criticised the Ministry of Justice (MoJ) for failing to protect firms from invalid mis-selling cases levelled by claims management companies (CMCs).

The government must conduct a full review of the 'uncontrollable' cost of regulation and the impact it is having on businesses, according to Tenet.

WHAT'S RDR?

The Association of Independent Financial Advisers (AIFA) has hit out at "spiralling" fee rises from the Financial Services Authority (FSA), Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS).

Nearly all employers believe the GP fit note is ineffective with workplace sickness policies the answer, according to the Chartered Institute of Payroll Professionals (CIPP).

From 30 April people who are able to get back into the workplace will get contribution-based Employment and Support Allowance (ESA (C)) for a maximum of 12 months.

The Association of British Insurers (ABI) has said the Financial Services Authority's (FSA) stance on simplified advice means members are unlikely to develop propositions in the area.

The number of complaints related to advising, selling and arranging rocketed from 647,000 in the first half of last year to almost 1.1 million in the second half, according to figures released by the FSA today.

The Financial Ombudsman Service (FOS) has set its budget for 2012/3 at £191.1m, meaning both the case fee and total levy will be frozen for the third year running.