The Financial Conduct Authority (FCA) has launched a consultation into transferring clients from bundled to clean share classes, setting out what it expects from platforms and advisers.
Changes introduced as a result of the Retail Distribution Review (RDR) are likely to lower retail advisers' share of the investment market, but they do not represent the "death knell" for the sector, according to an investment group.
Hargreaves Lansdown reported a record £3bn increase in assets under administration in the three months to the end of September, but warned of headwinds to its revenues in the short-term.
Hargreaves Lansdown is in position to be a £39bn beneficiary of the Retail Distribution Review (RDR), according to Barclays.
The Chancellor, George Osborne, has announced he will give his annual Autumn Statement to parliament on 4 December 2013.
Standard Life has unveiled its unbundled pricing structure, which will include a discount for some advised clients.
The Financial Services Compensation Scheme (FSCS) has paid out more than £4.5bn compensating almost 230,000 customers of collapsed Icelandic bank Icesave, it has revealed.
The Financial Conduct Authority (FCA) has set out how it plans to regulate the consumer credit sector when it takes over from the Office of Fair Trading (OFT) next year, including plans to restrict what payday lenders can say in adverts.
HM Revenue & Customs (HMRC) is being criticised for failing to stem a rise in tax complaints, which more than doubled in 2012-2013 compared with the previous year.
Trail commission has a "genuine and legitimate place" in adviser remuneration and the Financial Conduct Authority (FCA) would be wrong to ban future payments on undisturbed pre-Retail Distribution Review (RDR) business, according to Scottish Life.