The head of the new City watchdog John Griffiths-Jones has pledged to enforce change through the Financial Conduct Authority (FCA).

Royal Bank of Scotland (RBS) investors have been in talks with litigation funds discussing the potential launch of a £3.3bn lawsuit against the bank and its former chief executive, Fred Goodwin, according to reports.

Barclay's former chief executive John Varley is at the centre of the Financial Services Authority's (FSA's) latest investigation into the bank, the Sunday Telegraph reports.

Prime Minister David Cameron is set to outline a series of measures designed to boost economic growth.

UNSUNG HERO

Mattioli Woods' is to operate on a restricted basis after the Retail Distribution Review (RDR) but is still weighing whether to maintain independence on certain products.

Using "unrealistically low projection rates" will deter people from saving and make it harder for consumers to decide between different funds, Aegon has warned.

Alan Dick has been named as the next Institute of Financial Planning (IFP) vice president.

RETIREMENT

David Hickey has resigned from his post as executive chairman of Lighthouse Group.