The seemingly "endless" list of industry qualifications such as the ISO22222 and the BS8577 are becoming a "cash cow" and are "unnecessary", says one adviser.
The Financial Conduct Authority (FCA) must provide the industry with examples of good practice, something that has been "missing" from regulatory correspondence to date, according to the Chartered Insurance Institute (CII).
The Finance & Technology Research Centre (F&TRC) has soft launched a free software comparison tool to help advisers compare available software according to their own priorities.
Canada Life has announced its post-Retail Distribution Review (RDR) proposition and the charging options it will make available on its products.
A Bradford-based financial adviser has been jailed after a court found him guilty of stealing almost £400,000 from four vulnerable clients over a 16-year period.
A decision by HSBC to set aside a further £340m to fund payment protection insurance (PPI) compensation claims has taken the amount banks have now earmarked for PPI mis-selling redress to almost £10bn, a report says.
Sentiment among UK and European financial advisers has fallen to its lowest level in 12 months, according to a recent global report.
The leading accountants' trade body is to redraft its code of ethics and allow members to refer clients to restricted advisers on a case-by-case basis after the Retail Distribution Review (RDR).
Just 15% of financial advisers are ready for the Retail Distribution Review (RDR), according to research released today.