David Nish, the chief executive of Standard Life, saw his remuneration hit £5m last year, up from about £2.5m in 2011.
Advisers and clients could get "caught out" by the new tax treatment of payment of trail commission, according to James Hay Partnership.
The Financial Services Authority (FSA) ceased operation yesterday and was replaced by two separate new regulators.
Lord Adair Turner, chairman of the now-disbanded Financial Services Authority (FSA), has joined the economics thinktank founded by billionaire George Soros.
Care Asset Management has been fined £56,000 by the Financial Services Authority (FSA) for breaching customer trust over Keydata.
Prudential has been fined £30m by the City watchdog while its chief executive Tidjane Thiam has been officially censured, following the failed AIA deal in 2010.
The Financial Services Authority (FSA) has confirmed its approach to temporary product intervention.
Barclays shares worth a total of £39m have been awarded to nine executives as part of their long-term remuneration packages, the group said yesterday.
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