A compliance consultancy acquired by The Money Portal (TMP) for a seven figure sum has been sold back to its original owner for a "nominal" sum.

Legal & General (L&G) has been forced to shut its London HQ after discovering a gas leak.

A man accused of creating a financial panic in Guatemala City using micro-blog Twitter will not face trial, an appeals court has ruled.

UK Financial Instruments (UKFI), the body that manages the Government's shares in some of Britain's biggest banks, will today outline its plans for the future of its investments in the state-owned lenders, reports The Times.

A fire raging in Soho in central London reportedly broke out in the offices of structured finance provider Future Capital Partners.

The FSA today says it will "reinforce" its stance on non-monetary benefits, or ‘inducements', offered to advisers by product providers.

Almost nine in every ten advisers have no intention of selling their businesses despite "scaremongering" reports of an IFA exodus in the build up to the RDR, research suggests.

Threadneedle was the big winner at the Investment Week, sister title of IFAonline and Professional Adviser, Fund Manager of the Year Awards, landing the prestigious Group of the Year accolade at the Royal Albert Hall.

The initial reaction to the Chancellor's announcement of a relatively tame and limited package of reforms of financial regulation has to be that the most significant aspect is actually the Tories' response.

Financial advisers will have to publish their own complaints data under radical new proposals unveiled today by the FSA.