Financial adviser network Tenet has appointed Helen Ball as its new CEO to replace Mark Scanlon who is leaving the firm with immediate effect.

The Financial Ombudsman Service is to reform the organisation to provide a better service to customers.

The FCA has warned insurance firms that they must improve clarity on commissions they pay to intermediaries on insurance products and prove that commissions are not excessive.

The Financial Conduct Authority is to order "significantly" higher standards at some 'host' Authorised Fund Managers (AFMs) where it has identified weaknesses.