The FCA has launched a review of the advice market, revealing a number concerns as one of the reasons for the action.

A leading pensions provider has warned that the election exit of a Treasury minister steering the Pensions Dashboard project and the implementation of the Financial Advice Market Review is of concern.

All financial services firms should be commanded to use a new set of explanations for advice and guidance, which should be displayed side-by-side.

Clients are allowed to pay for advice on lump sum investments in instalments, the regulator has reiterated in a notice to advisers, following findings in FAMR.