The Financial Services Authority has split into its ‘twin peaks’ regulation model today (2 April).

Angela Knight is to leave her role as the chief executive of the British Bankers’ Association.

Former editor of Money Management Janet Walford OBE is to join the board of the Institute of Financial Planning.

Investments complaints are declining but complaints about the riskiness of investments still remain, according to the Financial Ombudsman Service.

The Financial Services Authority is standing firm over its decision on simplified advice.

Aberdeen Asset Management held its third Adviser Intelligence session, in association with the Institute of Financial Planning, in London on 29 March.

HM Revenue and Customs has launched a tax academy to offer its trainee staff degrees accredited by Manchester Metropolitan University.

Over £2.25bn was paid out by financial services firms in redress during the second half of 2011, mainly due to payment protection insurance, according to the  Financial Services Authority.