ALMOST COMMISSION

The Financial Services Authority (FSA) has agreed to increase an ex-gratia payment to a firm unnecessarily contacted by a debt collection agency, after the complaints commissioner deemed its initial offer inadequate.

Labour would reinstate the 50p top rate of tax should it win the next election, party leader Ed Miliband has said.

Ed Miliband has suggested a future Labour government will force banks to split their retail and investment arms, should they not do so willingly.

The number of complaints to banks and building societies rose by almost 70% in the first half of the year, mainly related to sales of payment protection insurance (PPI), figures published by the Financial Services Authority (FSA) show.

The fund management industry has "nothing to hide" on charges, the Investment Management Association (IMA) said, following remarks from a Financial Services Authority (FSA) executive suggesting investors have "valid questions" about what it is they are...

Nick Clegg has said there can be "no question of reducing further" the top rate of income tax under the coalition government's watch.

Insurer Aegon has apologised for an administration error which saw client details sent to a financial adviser by mistake.

Advisory group Lighthouse is rolling out plans to more than double the number of IFAs in its whole-of-market national proposition, Lighthouse Financial Advice (LFA).

Lighthouse Group earnings fell by almost a quarter in the first six months of the year as more than 100 advisers left the company, while those who remained suffered from the "extremely disruptive" effects of preparing for the Retail Distribution Review...