Advisers are expected to have to pay part of a FSCS compensation bill for the alleged mismanagement of high risk Contract for Difference (CfD) investments which could total £13m.

Ascentric saw net new assets rise 8% in 2011 after 226 extra adviser firms signed up to the Royal London-owned wrap.

The mortality rate in England and Wales continued to improve last year, prompting actuaries to warn of a knock-on effect on pensions.

More than £70m has so far been paid out to some 95,000 individual policyholders in Equitable Life, according to a progress report from the Treasury.

The Bank of England will this week pump at least £50bn into the economy, according to a report in the Independent.

The way annuities are sold is costing hundreds of thousands of retirees as much as £1bn in future pension income, a report by the National Association of Pension Funds (NAPF) claims.

An alarmingly high number of consumers do not know how to risk-rate standard financial products, such as equity ISAs and with-profits bonds, research suggests.

The FSA has temporarily shut the sale and rent back (SRB) market after a review found most transactions were either unaffordable or unsuitable and should not have been sold at all.

Financial planner Joel Adams shares his newly-issued SPS so others can see what they look like (if they're interested)

The number of bank staff stealing or deceiving customers has risen by more than 40% in the last year, fraud figures show.