'Current system not working'
Comments from Centre for Policy Studies
Follows an eventful first half of the year
TISA launches survey
Second rise in nine months
Not providing value for money
Ousted IA chief plans investment management role
Follows complaints over 'unfeasible' deadline
The Financial Conduct Authority (FCA) want to completely exclude pension wealth from high net worth investor (HNWI) calculations in order to prevent retirees losing their nest egg in high risk sophisticated investments.
FCA to explore flexibilities
The Financial Conduct Authority (FCA) "remains concerned" over how businesses communicate charges to consumers, and has suggested Nutmeg as an example for investment firms to follow.
Prudential chief executive Tidjane Thiam has been named as the surprise new head of Credit Suisse.
Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.
Aviva's £5.1bn acquisition of Friends Life could see as many as 1,500 jobs cut, the company has said.
The Financial Conduct Authority (FCA) has apologised for shortcomings in its handling of a media briefing ahead of the publication of its latest business review, saying it accepts the criticisms and will implement changes to "sharpen its focus".
Scottish advisers are overwhelmingly against an independent Scotland, according to figures from a Personal Finance Society (PFS) poll.
Richard Pursglove has exited Artemis Fund Managers after just a year at the group.
John Betteridge, the former chief investment officer of Prudential's UK insurance division, has joined Rowan Dartington to head its asset allocation team.
Advisory and wrap business Raymond James Investment Services has consolidated its return to profit, generating almost £235,000 in 2013.
Product provider Aegon has distanced itself from a view attributed to its head of marketing that advisers have been "disintermediated" and that its future lies in direct relationships with consumers.
A financial adviser has been jailed for five years for stealing a total of £85,000 from his victims in a theft campaign targeting the elderly and the recently bereaved.
UK IFAs are among hundreds of creditors facing severe losses in a £60m investment scheme marketed as low risk but "tainted with illegality", according to the firm's liquidators.
Legal & General (L&G), the country's biggest pension fund manager, is set to end its membership of the Association of British Insurers (ABI), according to reports.
An IFA has left network Intrinsic after he felt he was being nudged towards adopting a restricted proposition following its takeover by Old Mutual.