The FSA yesterday put out its latest thinking on plans to intervene earlier in the product value chain.

Two of the banking industry's biggest names were paid more than fifteen times their 2009 earnings last year, analysis suggests.

The government is set to force banks to ring-fence their retail operations from investment banking.

Aegon UK has appointed Patrick Gale to executive chairman of distribution.

The Financial Services Authority (FSA) spent £3.4m more than expected on staff costs in 2010/11, as it took on extra contractors to carry out 'project activity'.

FSA guidance on giving pensions transfer advice to members of defined benefit occupational pension schemes as part of an enhanced transfer value (ETV) exercise is out of date, consultancy Aon Hewitt says.

Wealth management consolidator Succession Advisory Services has added manager of managers SEI to its outsourced investment proposition, which it makes available to partner firms.

The Investment Management Association (IMA) has called for an independent review into the collapse of Keydata and other investment firms and said the scale of recent failures has not been seen since the Barlow Clowes scandal of the 1980s.

Nathaniel Rothschild emphasised his status as one of the most powerful brokers in the booming commodities market yesterday as he unveiled plans to raise £1bn in just 11 days.

AWD Chase de Vere has taken on 17 advisers who previously worked for now-defunct Barclays Financial Planning.