Small adviser firms should see no increase in their regulatory fees this year, according to the Financial Services Authority.

Standard Life Investments fund range MyFolio has reached £1bn funds under management after only 16 months.

A series of amendments have been issued by the Department for Work and Pensions ahead of auto-enrolment implementation.

A Legal and General fund has become the largest fund on Nucleus, the adviser-owned wrap platform.

Friends Life has launched its workplace savings platform offering pensions, cash and stocks and shares Isas and investment accounts.

The Financial Ombudsman Service still intends to publish the details of firms subject to complaints following a public consultation.

Defaqto has launched a new series of star ratings to help consumers determine the best product for them.

The Financial Services Authority was unable to intervene in the deal between Royal Bank of Scotland and Dutch bank ABN Amro, according to Hector Sants.

Fidelity has requested a standard in the asset management industry to make fund charges more transparent.

Hector Sants, chief executive of the Financial Services Authority, is to be subject to further questioning by the Treasury Committee.