Rather than promote competition, Ernst and Young has forecast the RDR will turn customers away from retail funds.

The Certified Financial Planner^CM professional standard has seen worldwide growth for the third year running, according to the Financial Planning Standards Board.

A professional tax adviser to the wealthy was today sentenced at Blackfriars Crown Court to 18 months in prison for cheating HM Revenue.

Some 59 per cent of corporate financial advisers believe there will be a 30 per cent drop out rate from auto-enrolment, according to Aviva.

Institute of Financial Planning sponsor firm Barclays Wealth has conducted a survey into female attitudes to Financial Planning.

Over half of consumers who have received advice from an IFA were ‘very confident’ the advice they received was appropriate for their circumstances, according to the FSA.

Hector Sants, chief executive of the FSA, has urged firms to  embrace the new FSA supervisory approach.

Hector Sants, chief executive of the Financial Services Authority, has announced a ‘twin peaks’ model will operate within the FSA from 2 April.

The Financial Services Compensation Scheme levy for advisers will be £33m during 2012/13.