The Financial Services Compensation Scheme (FSCS) has made its first payments to investors caught up in the collapse of MF Global.

Tenet Group has made a number of changes to its board, with current chairman Lord Hodgson of Astley Abbotts leaving and Martin Greenwood taking up the position of executive chairman.

The Financial Services Authority (FSA) has been told by a judge that it must destroy privileged attorney-client emails it obtained as part of its investigation into Keydata.

The Financial Services Compensation Scheme (FSCS) has begun proceedings against more than 160 advisory firms it alleges mis-sold Lifemark-backed Keydata products.

A total of 162 firms have been included in proceedings launched by the Financial Services Compensation Scheme to claw back money paid out to investors in Lifemark-backed Keydata products.

Consumer group Which? has listed absolute return funds and task-based income protection cover among a list of 'financial products to avoid'.

The Financial Service Authority (FSA) saw the number of boiler room fraud schemes operating through clones of authorised firms triple in 2011.

The chief executive of Arch Financial Products (AFP) has hit out at Capita after the board it appointed to administer the Arch Cru cells hit him with a £26.6m lawsuit.

The Ministry of Justice (MoJ) has shut down about one in five claims management companies (CMCs) over the past year, in many cases following complaints from consumers.

A Newport-based financial adviser has admitted to fraudulently gaining almost £250,000 from clients and an insurer, as well as perverting the course of justice.