The FSA has taken its first enforcement action against a small adviser firm arising from a treating customers fairly (TCF) visit.

The Institute of Financial Planning (IFP) has launched a qualification for budding paraplanners.

A fund manager who claimed bullying was rife at his former employer New Star Asset Management, founded by City veteran John Duffield, has won the right to pursue a claim for compensation at an employment tribunal, the Guardian writes.

Hundreds of advisers' clients have failed to make any plans to combat their IHT liability, leaving them vulnerable to a 40% tax hit, research suggests.

Investors in some Keydata plans are set to begin receiving income payments, PricewaterhouseCoopers (PwC) says.

The government body at the heart of efforts to prop up Britain's banks is facing fresh upheaval with the appointment of a new chairman and the departure of its chief executive, writes the Daily Mail.

Australian investment banking giant Macquarie has taken a near 20% stake in fee-based IFA Paradigm Norton Financial Planning as it continues its bid to extend its UK reach.

New IFA consolidation vehicle Succession Advisory Services today unveiled the seven-strong line up of global and specialist fund houses it has selected to form its outsourced investment management team.

The FTSE 100 once again headed higher this morning after closing ahead on Monday for the 11th consecutive session.

The managing director of Fortis Life says advisers should ask clients medical questions during the application stage of a protection sale.