Despite fears that consumers would be unwilling to pay for financial advice post-RDR, AXA's latest 'Big Money Index' has found that one in four consumers are willing to pay for financial advice, the same as pre-RDR.
On the fifth anniversary of the collapse of Icelandic bank Icesave, the FSCS has revealed it has paid out just over £4.5bn in compensation to 228,516 customers.
The FCA has censured Catalyst Investment Group Limited for "recklessly misleading" investors who invested £54m in bonds offered by ARM Asset Backed Securities SA (ARM) in 2009 and 2010.
Succession Advisory Services, the adviser consolidation firm run by Simon Chamberlain, has filed audited accounts showing £1.3m of profit for the 12 months ending 31 December 2012.
Large unincorporated associations such as charities, clubs or societies, not considered eligible for help over lost deposits following the collapse of Kaupthing Singer and Friedlander Bank and Landsbanki in 2008, may be entitled to compensation from the FCA.
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