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Charles Stanley chief executive Sir David Howard is to step down following new European Union (EU) rules demanding firms separate the roles of CEO and chairman.

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

The UK financial services industry's hand in European Union negotiations has been strengthened by the surprise appointment of a Conservative peer to the key role of European Union (EU) commissioner for financial services.

Financial advisers operating in Europe are less strictly regulated than their UK counterparts yet consumers are still afforded the same degree of protection, according to Zurich Life government affairs principal Matt Connell.

The passing of the revised Markets in Financial Instruments Directive (MiFID II) into law has made it compulsory for UK investment firms to disclose the total cost of their investments to their clients.

The Association of Professional Financial Advisers (APFA) is claiming a key victory in the fight for fair regulation of advisers following news that European Union ministers have dropped a proposal to cap fees for advice.

Barclays is considering controversial plans to dodge a new bonus cap from Brussels.

Leaving the European Union would be "economic suicide" for the UK, deputy prime minister Nick Clegg has warned.

The UK government has lodged a legal challenge with the European Court of Justice (ECJ) on the EU's proposed cap of bankers' bonuses.

The Institute of Economic Affairs (IEA) is holding a competition to find the best plan for a 'Brexit' - a UK exit from the European Union (EU).