FCA officials have moved this morning to insist that a return to commission bias is not on the cards despite comments from the acting chief executive.

The Chartered Insurance Institute has appointed a new chief executive to succeed Dr Sandy Scott, who announced his retirement in March last year.

Functionality and value for money are the top two reasons why advisers are considering ditching their platform for a rival in the next year, research has indicated.

Aegon has launched a new free guidance service designed for its own customers who have already been to Pension Wise but have no financial adviser.

Nearly 3 in 10 adviser firms have an their average annual turnover of more than £1m, a study published this morning has suggested.

A Financial Planning firm has brought a new Paraplanner on board and is looking at increasing its Paraplanning team to as many as eight by the end of 2016.

Financial advisers should establish a charity to provide pensions advice to people with low incomes, a campaign group says.

Tracey McDermott will not be the new chief executive of the FCA, the regulator has this afternoon confirmed.

Many customers newly entering drawdown to stay invested have not been using an adviser, new FCA figures showed this morning.

Nucleus has appointed a new director as it steps up preparations for imminent changes in the wrap and platform market.