The Financial Services Authority (FSA) has issued a public censure of City Gate Money Managers and banned its director and compliance officer Stewart Wallace Domke from holding any significant influence Functions.

Financial services group Sanlam UK has acquired financial planning business English Mutual for an undisclosed sum.

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Combined second-quarter earnings across Aegon's distribution businesses - which include national IFAs Positive Solutions and Origen - were nil, the insurer has reported.

Insurer Aviva recorded a loss after tax of more than £680m in the first half of the year, after writing down some £870m of goodwill at its US business.

[Updated 10/8] Sir Elton John is suing The Times newspaper over two articles he claims implied he is a tax dodger.

Sandringham Financial Partners, the national restricted advisory business set up by Ken Davy and Steve Braidford, has appointed a compliance director.

Robert Sinclair, chief executive of the Association of Mortgage Intermediaries (AMI), has said the Financial Services Authority (FSA) has "lost the plot" over its decision to allow Tesco to sell non-advised mortgages.

Jessica Harper, a former head of online security at Lloyds Banking Group, has admitted carrying out a £2.5m fraud.