Complaints about bad advice over the last five years have cost the sector nearly £1bn - the equivalent of £45,000 for every adviser in the UK, an investigation by COVER's sister title Professional Adviser can reveal.

McDermott hits back at critics

The owners of independent advice firm Towry have brought forward plans for a sale, according to reports, quashing expectations of a stock market float for now.

Drop is similar in non-advised arena as annuity sales slide

The Financial Conduct Authority (FCA) has announced plans to remove a number of what it said are "ineffective communication requirements" from its handbook for firms.

Sesame Bankhall Group (SBG) has lost almost 60% of its network's member firms in the wake of a decision to kill-off its problem-laden investment advice business.

Just Retirement and Partnership have announced a merger deal.

A petition is demanding soon-to-be acting head of the Financial Conduct Authority (FCA) Tracey McDermott enact an independent review of advice firm regulation, after an IFA was forced to pay a 320% increase in his Financial Services Compensation Scheme...

Financial advisers across the country would prefer a coalition government comprised of Labour, the Scottish National Party (SNP) and Welsh national party Plaid Cymru over one formed by the Conservatives, Liberal Democrats and UKIP, according to a poll....

Firms trying to expand into new business areas are having to wait 85% longer for Financial Conduct Authority (FCA) authorisation than two years ago.