Victims of Bernie Madoff's huge Ponzi scheme have been accused of greed over their demand for interest to be paid on their compensation.

The self-invested personal pension (SIPP) market will see consolidation as a result of the Financial Services Authority's (FSA's) move of unregulated collective investment schemes (UCIS), a provider has said.

Dentons has reported an increase in the number of esoteric investment requests it has turned down as unsuitable for client self-invested personal pensions (SIPPs).

State pension payouts can vary from as little as £7 a week to £230 due to the ‘staggering' complexity of current regulations, the pensions minster has said.

Who has moved where in another busy week in financial services?

The Retail Distribution Review (RDR) will have "clear detrimental effects" on the accessibility of financial advice and lower overall savings rates, Lord Flight has warned.

A former director of Barclays has accused the Commons Treasury committee of launching a "completely unacceptable" character assassination of the bank's former chief executive Bob Diamond.

Small firms caught up in the mis-selling of complex interest rate derivative products face up to a nine month wait to hear if they qualify for compensation.

Chancellor George Osborne and the Bank of England have given up on promoting economic growth and current police could cause "irreparable damage", Alistair Darling has warned.

Suffolk Life has revised its self-invested personal pension (SIPP) due diligence guide after consultation with advisers.