News Round Up: October 10

A newly established committee within the Institute of Financial Advisers (IFA) has issued a comprehensive set of notes offering advisers guidance on interpreting the changing regulatory and practice environment.

The IFA's decision to establish a Professional Practice Committee comes in the wake of a number of recent changes in the industry, such as the Financial Advisers Act.

IFA president Nigel Tate said members have been asking for guidance on areas such as legislative change for some time.

"Advisers are experiencing a period of significant change in their profession and by issuing guidance notes the IFA aims to help advisers better navigate the ever changing environment," he said.