The Financial Services Compensation Scheme (FSCS) today declared 15 investment firms in default - eight of which are IFAs.

London's leading shares have started the day positively as investors shake off concerns surrounding the fallout from Dubai.

US stocks have weathered a 7% slump for Dubai's leading index and are back in the black.

ISAs should be made tax-free to kick-start a culture of savings and help people prepare for retirement, says Fidelity.

HSBC is launching a discretionary portfolio service for high net worth clients which will provide access to a range of asset classes.

Succession has appointed Ray Pierce, formerly of American Express and the Bluefin Group, as non executive chairman.

An Essex-based mortgage broker has been banned by the FSA for failing to conduct satisfactory fact-finds and delivering unsuitable advice.

Fears are growing over Britain's exposure to the financial turmoil in the stricken Arab state of Dubai, reports the Daily Mail.

Nucleus has passed the £1bn barrier in assets under administration, the IFA-owned wrap announced today.

US shares dipped into negative territory in early trading as the after-shock of Dubai's debt mountain disclosure continued to shake world markets.