St James's Place has hit out at firms recommending unregulated investments after its payments to the Financial Services Compensation Scheme (FSCS) doubled in 2012.

The Financial Services Compensation Scheme (FSCS) will not compensate investors bringing claims against Rockingham Independent for allegedly negligent advice - meaning there will be no additional levy for advisers.

Colin Jelley has returned to Skandia as head of wealth planning following a brief stint at St James's Place (SJP).

PLATFORMS

The Financial Conduct Authority (FCA) will not seek to pre-approve products, according to CEO-designate Martin Wheatley.

The Financial Services Authority (FSA) is warning advisers to ensure their in-house risk assessments are aligned with those of any discretionary fund managers (DFMs) they use.

Network Intrinsic has questioned whether the stigma surrounding with-profits funds may be forcing clients into unsuitable products when they come to fund their retirement.

Fresh concerns among advisers about how the Financial Services Authority (FSA) may view their tactical asset allocation calls are helping to drive the growth of discretionary fund managers (DFMs), according to Ascentric chief executive, Hugo Thorman....

Nucleus has added a collection of trusts to the platform following adviser demand.

Two-thirds of clean share classes are more expensive than their bundled equivalents, according to research by consultancy firm Adviser Asset.