The UK government has lodged a legal challenge with the European Court of Justice (ECJ) on the EU's proposed cap of bankers' bonuses.

INDUCEMENTS

The Financial Conduct Authority (FCA) has fined Clydesdale Bank (Clydesdale) £8.9m for failing to inform its customers clearly of their rights after the bank miscalculated the repayments on over 42,500 mortgages.

The Financial Conduct Authority (FCA) has launched enforcement action against at least one medium size firm for failing to handle payment protection insurance (PPI) claims properly, after it found "serious problems" at two thirds of the firms it reviewed....

The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).

Partnership has taken on 20 high liability pension members from an unnamed company in a deal worth £22m.

The national minimum wage will be "strengthened" should Labour get to power following the next election, Labour leader Ed Miliband has pledged.

National advisory firm Towry has acquired Aberdeenshire-based adviser Conclusion Financial Planning in what marks the fourth acquisition by the business so far this year.

The Personal Finance Society (PFS) will lead its regional conference programme on adviser charging.

The government has announced the members of its new Financial Services, Trade and Investment Board (FSTIB), which will be in charge of promoting trade and attracting investments as part of the government's economic recovery strategy.