MAPS CEO quits two months after launch

John Govett has resigned as chief executive of the new Money and Pensions Service, the government-backed single financial guidance agency, two months after it was officially launched.

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FCA set to cut A13 adviser fees by 1.1%

The FCA is set to reduce its fees for advisers by 1.1% over the next year although overall costs for advisers could go up, according to its fee proposals published today.

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