The Financial Conduct Authority (FCA) has introduced a new approach to tackling serious failings in financial services firms by cracking down on senior level management first.
The industry's petition calling on the government to remove the ombudsman's right to consider claims without any long-stop restriction, has passed 5,000 signatures but needs double that to be considered by officials.
Business secretary Vince Cable has called the financial sector "a public good", though admitted it often falls short of this lofty aim.
A husband and wife have been sentenced after he faked his death in a bid to collect more than £1.1 million from life insurance policies and investments.
UK Consumer Prices Index (CPI) inflation fell in the year to May, after the previous month saw its first climb in 10 months.
The governor of the Bank of England has told the UK to prepare for a potential rise in interest rates this year.
The Personal Finance Society (PFS) and Tax Incentivised Savings Association (TISA) are consulting on a protocol designed to provide clarity surrounding the treatment of client relationships between a firm and individual advisers.
Confidence in the UK economy has hit a post-crisis high despite soaring valuations pointing towards a correction, according to the FT.
What should employers know to successfully run a group income protection scheme without running into legal problems? Paul Avis and Vanessa Cowling give their insights.
The smallest advice firms face the largest proportion of regulatory costs, with some paying up to 20% of their income, research commissioned by the Association of Professional Financial Advisers (APFA) has found.