A mother of six has been jailed for fraudulently claiming tax credits for nine fictitious children following an investigation by HM Revenue & Customs (HMRC).

A land banking trader has been ordered to pay back £920,000 to consumers after the FSA secured a summary judgement through the courts.

Claims management firms (CMCs) have 'exploited' payment protection insurance (PPI) complaints, according to the Financial Ombudsman Service's (FOS) legal director.

Three individuals have been charged as part of a Serious Fraud Office (SFO) investigation into an alleged £10m 'Ponzi' scheme.

A former Lloyds TSB financial adviser is facing jail after admitting to defrauding two of his clients and misusing funds from a primary school.

The UK economy officially grew by 0.5% in Q1, according to the Office for National Statistics'(ONS) third and final estimate for the period.

New regulations affecting financial advisers in New Zealand come into effect this Friday, with reports up to 300 financial advisers will be forced out of business as a result.

Former Skandia CEO Nick Poyntz-Wright has been appointed as the new head of life insurance at the Financial Services Authority(FSA).

AWD Chase de Vere will next week welcome the first batch of recruits to its Adviser Academy, aiming to turn them into independent financial advisers (IFA) within two years.

The Financial Services Authority (FSA) has clarified the conditions firms need to meet to qualify for an exemption from the Retail Distribution Review's (RDR's) adviser charging and professionalism requirements when selling income protection products...