Phoenix Life has been ordered to pay an adviser redress after the Financial Ombudsman Service (FOS) found it had not responded quickly enough to his complaint.

The pension tax anomaly that gives with one hand and takes with the other

The Financial Conduct Authority (FCA) has set out the criteria on which it decides whether to refer a firm to enforcement, recognising the option is "expensive and resource-intensive" and should be used with discretion.

Most customers are receiving suitable mortgage advice but some firms rely too heavily on tightly structured processes, which force their advisers to bend information to give supposedly 'suitable advice', the regulator has found.

The government has delayed the launch of a secondary annuity market amid concerns about consumer protection, it has said in its Budget document out today.

High earners have had the tax relief on their pension contributions cut in today's Summer Budget.

George Osborne has confirmed the inheritance tax (IHT) threshold will increase to £1m for couples funded by a pension tax relief cut for people earning more than £150,000.

Five key announcements advisers can expect from George Osborne

A financial adviser has denied charges he defrauded two elderly clients of more than £290,000, partly to "pay off his mortgage" and "fund his lifestyle".

The regulator may make changes to the approved persons system amid concerns the new 'certification regime' for bank advisers is weaker than for other financial advisers.