One in ten advisers are now restricted compared with one in 30 in Q4 2012, and this will increase to one in six by the end of the year, research predicts.
The Financial Services Authority (FSA) is planning to up its focus on advisers and wealth managers placing large amounts of client money in a single fund, amid fears some firms are not carrying out sufficient due diligence.
The incoming Financial Conduct Authority (FCA) may change rules introduced following the Retail Distribution Review (RDR) sooner than planned if it identifies widespread non-compliance or any harmful unintended consequences.
The Financial Services Authority (FSA) has confirmed its approach to temporary product intervention.
The new-look regulator is to carry out a review of the 'increasingly complex' charges on UK funds as it is concerned they may be harmful to consumers.
European politicians have voted to reform the bonus structure of fund managers, a move which puts the UK at a "competitive disadvantage" and could damage shareholder value, according to PwC.
Brewin Dolphin has appointed Simon Miller to the role of non-executive chairman and David Nicol as chief executive officer in a board reshuffle.
The coalition government is to make ex-gratia payments of £5,000 to Equitable Life customers who brought with-profits annuities prior to 1992.
The Evening Standard has apologised to the Chancellor of the Exchequer George Osborne after an image of its front page - meant to be released later today - revealed details of the Budget ahead of Osborne's speech.
Investment Week and IFAonline today bring you LIVE coverage of all the measures from George Osborne's fourth Budget.