Blackrock, a sponsor of the Institute of Financial Planning, has developed an online transitioning tool to help advisers move to a fee-based business model by RDR.
Chief executive of the Investment Management Association Richard Saunders has said it is 'puzzling' that the Kay Review focuses on the asset management industry rather than investment banks.
Martin Wheatley, head of an independent review into Libor which has been set up by the Government, has published a discussion paper with his initial proposals.
The Financial Services Authority has publicly censured City Gate Money Managers and banned director Stewart Wallace Domke from holding any significant influence functions.
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