Members of adviser body APFA have voted to approved a merger with the Wealth Management Association.

After plans were revealed last week for the WMA and APFA to merge into a new body, APFA director general Chris Hannant tells FP Today readers more about what it entails, the benefits for advisers, and what it means for members' fees. Read on for Mr Hannant's article below. 

The replacement for the Money Advice Service must have a better referral system towards professional advisers.

Money from fines imposed by the FCA should be paid to regulated firms, the regulator has been told.