Delays, overpayments, errors and entitlement disputes topped the list of complaints investigated by The Pension Advisory Service's (TPAS) over the past year.

Justin Welby, the Archbishop of Canterbury, is "embarrassed" and "irritated" by revelations that the Church of England pension scheme indirectly invested in payday lender Wonga.

The Treasury's handling of Equitable Life policyholders' compensation has been "unacceptable poor" and hindered by "delays and spiralling costs", the Public Accounts Committee will say later.

The Prudential Regulation Authority (PRA) has approved the change in control required for the purchase of Co-operative Banking Group's life insurance business Co-operative Insurance Society (CIS) by mutual Royal London.

RSM Tenon has been approached over a potential acquisition by accountancy firm Baker Tilly.

Three more banks are being investigated by the Financial Conduct Authority (FCA) over money laundering, it has revealed.

The UK's highest court has overturned a ruling that would have placed occupational pension schemes ahead of most other creditors in the event a company goes bust.

The next chief executive of state-backed lender Royal Bank of Scotland could be named next week, according to reports.

Three British men who ran an international organised crime gang that conned UK investors out of £80m have been jailed for a total of 43 years by a US judge.

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