The head of a Paraplanning firm has attacked platforms for "wholly unacceptable" service and "poor testing".
The Financial Ombudsman Service will appoint an independent person to lead an investigation into allegations aired in a TV documentary, it has revealed, while a committee of MPs said staff had laid bare tales of "low morale and dismay" about "poor culture".
Bosses who have jeopardised defined benefit pension schemes could be fined retrospectively, Secretary of State Esther McVey has announced.
Two leading Financial Planning firms have exclusively told Financial Planning Today magazine the story behind their recently announced merger.
The FCA has appointed two new financial advice bosses.