An IFA who was sacked after an allegation that she drunkenly abused a client has won her two-year unfair dismissal battle with her former employer and been handed £25,000 compensation.

The Scottish police and HM Revenue & Customs (HMRC) plan to add a layer of anti-fraud checks to mortgage applications in a crackdown on money laundering.

The majority of people in capped drawdown are not taking an income from their pension fund and leaving their estate open to 55% tax charges on death, Skandia has warned.

Lighthouse Group shareholders have voted against plans to delist the company from the AIM stock exchange.

Revenues at AFH Financial were up 20% compared to last year to just over £3m, its interim results have shown.

Bankers found to have rigged LIBOR rates could face jail time after the Serious Fraud Office (SFO) said it would look to bring criminal charges against perpetrators, the Telegraph reports.

Standard Life has revealed a range of charging methods for its Retail International Bond product ahead of the Retail Distribution Review (RDR).

Almost half the victims of the Bernie Madoff ponzi investment scheme will get their money back after a $1.5bn payout was announced, The Times reports.

Governor of the Bank of England, Sir Mervyn King, has admitted major mistakes were made by economic policymakers during the financial crisis.

Adviser charging for personal and group personal pensions can be applied general pensions advice, including annuity choice or drawdown, according to guidance from HM Revenue & Customs (HMRC).