Our weekly heads-up on the articles your clients may have read in the national newspapers over the weekend...
The Financial Conduct Authority (FCA) has revised its application fees for firms seeking full consumer credit authorisation, after it realised that small firms were facing "significant barriers to entry" due to cost.
The Association of Professional Financial Advisers (APFA) has called for clear guidance from the Financial Conduct Authority (FCA) on what it considers to be consumer credit activity and for which activities advisers need to have a licence.
118118 Money is offering loans from £1,000 to £5,000, at an APR of 35.9%
Comparison site MoneySupermarket.com has been warned by the Advertising Standards Authority (ASA) not to exaggerate claims on its site about chances of users being approved for loans.
Some debt management firms have failed to pay clients' creditors, instead keeping their money.
Skandia has bought a £19m stake in the Liontrust Credit Absolute Return fund, spreading the investment across a number of portfolios.
Iceland's parliament has voted to send former Prime Minister Geir Haarde to court over his role in the financial crisis.
The recession has reduced the time left for 'AAA' rated states including the UK to avert sovereign debt crises as their populations age, Moody's warns.