The FSA wants advisers to provide 100% compensation to clients who have suffered losses, even if it was not the firm's fault, according to a City law firm.

The Bank of England is one the biggest obstacles to low inflation, according to former Monetary Policy Committee (MPC) rate-setter Andrew Sentance.

Alliance Trust Savings (ATS) has unveiled plans to expand its direct to consumer (D2C) platform to IFAs, in a challenge to traditional players.

Under 34s stand to inherit only half as much as their parents, according to a report by HSBC which points to a growing demand for advice on how to stop wealth being eroded before it can be passed on.

Three quarters of Europe's ‘affluent investors' say they have been negatively impacted by the economic instability of the last few years, according to new research.

Advisers filing a self-assessment paper tax return after the 31 October deadline will be hit with a £100 fine - even if there is no tax to pay, or the tax due is paid on time.

The FSA today confirmed the merger between the Yorkshire Building Society and its smaller rival Norwich & Peterborough(N&P) which will complete on 1 November.

Provider Friends Life has launched an online and over-the-phone financial advice service for existing customers who no longer have - or never had - a financial adviser.

HM Revenue and Customs (HMRC) is slowly narrowing what it calls the 'tax gap' - the amount of tax that goes uncollected each year - but it is still falling some £35bn short, according to the latest figures.

Scottish Provident has signed up Duncan Bannatyne to front an IFA advice roadshow.