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 The London Institute of Banking & Finance has today launched a new Level 4 qualification in Paraplanning designed to be completed within 9 months.

The Financial Conduct Authority has begun High Court proceedings against alleged unauthorised deposit takers and secured an injunction freezing £1.3m in assets.

Low cost fund manager Vanguard is mulling plans to enter the UK financial advice market and, at the same time, boosting its team working with advisers and engaging direct with consumers.

The newly-merged Premier Miton Group saw net outflows of £222m in its first quarter, figures for its first three months in business revealed today.

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Just before Christmas I suggested that the FCA needed a new direction post-Bailey. It may already have found one although it is clearly not the direction everyone wants.