A long-term plan to provide more US citizens with health insurance may fall short of hitting its targets as it is still too expensive for a lot of people, according to reports.

You may face a more inquisitive client this week after the Observer took a closer look at what asset management reports say...and what they really mean.

SIPP specialist and wealth manager Mattioli Woods has acquired TCF Global Independent Financial Services and its subsidiary, Kudos Independent Financial Services, in a deal worth up to £8.69m.

Rules that would require financial advisers in Australia to get clients to opt in to their services every two years - and send them a fee schedule every 12 months - are failing to win support among some key stakeholders.

The FSA has said it will apologise to a firm's compliance officer for the conduct of two treating customers fairly (TCF) assessors during a supervisory visit after an official complaint was upheld.

Ten of this week's best-read news stories...

It's our round-up of Friday's national finance news...

(Update) The FTSE opened more than 40 points lower on Friday as US Federal Reserve chairman Ben Bernanke gears up to deliver a key speech on the ailing US economy.

The immediate future of the UK economy will not be dependant on a further round of quantitative easing (QE), a member of the Bank of England's rate setting body said yesterday.

The number of financial advisers in the US - including wealth managers, IFAs and bank and insurer tied advisers - is declining rapidly just as demand for their services increases, according to new data.