This week's news... condensed

Ten of this week's best-read stories...

1. Massow the millionaire

Adviser favourite Ivan Massow (pictured) gave away £91,000 on the Secret Millionaire this week. The Channel 4 documentary followed Massow from his £6m house to a London council estate.

2. MEP blasts MiFID II

The MiFID debate rumbles on. This week, Syed Kamall said he was "not impressed" with the EU's impact on UK regulation - and called for an independent review.

3. Structured products

The FSA fined Credit Suisse nearly £6m for sales failings related to structured capital-at-risk products.

4. LV= / Hornbuckle deal off

After months of flirtation... the buyout of Hornbuckle Mitchell by LV= was called off on Tuesday. MD Dave White said the SIPP-provider was exploring other options.

5. FSA launches drawdown probe

The FSA this week wrote to advisers to check they were complying with new guidelines on drawdown advice.

6. Arch Cru

The Arch Cru debacle reared its ugly head again: This week investors accused Capita of "intentionally" ignoring the FSA's TCF charter.

7. National recruiting spree

Had a rush of recruitment emails this week? You're not alone. But advisers said the latest rash of job offers was "amusing" rather than irritating.

8. Packaged accounts

They've been pretty busy this week, the FSA. The regulator proposed a new set of rules to ensure banks and building societies check customers are eligible for insurance products before selling them packaged accounts.

9. Fund sales dive

Poor fund managers. According to the Investment Management Association, fund sales this month have been the lowest since October 2008.

10. FSA fee change

The FSA released a new paper this week. From 2014, it proposes fees will be measured by income rather than headcount. Not popular with everyone, this.