Peter Cullum, founder of insurance broker and financial planner Towergate Financial, is reportedly on the verge of sealing a £200m cash injection from Advent International.

The FSA has made a payment of almost £5,000 and apologised to an investment advisory business after it incorrectly told two of its clients the company was not on its register.

London opened marginally weaker on Wednesday, continuing the softer trend seen towards the end of Tuesday's session, with retailers in focus in the early going.

China and the US will lead the biggest-ever economic boom as global output triples again by 2050, a HSBC report predicts.

First-time buyers need an average deposit of £29,000 to buy a property, a report by the Halifax concludes.

At first we thought we'd been asked to list our greatest heroes and villains of all time. Gene Hackman and Vladimir Kozak (Google him) were on that list. Turns out we had to limit it to 2010 and financial services…

Merchant House has acquired a number of assets from Clarkson Hill as it seeks to launch a new financial planning venture, but it has not agreed a bulk transfer of its advisers.

Blue chips have had a first stab at hitting the magic 6,000 level following gains in the US overnight and are regrouping after falling just one point short.

London's top share index ticked towards 6,000 late on Wednesday as tech giant ARM Holdings added 11% on rumours of a deal with Microsoft.

AIFA has begun a top-to-bottom strategic review by inviting members to comment on the future role and responsibility of the organisation.