Attempts by the coalition government to reach an agreement with the UK's biggest banks on the amount they lend to small businesses have stalled.

Skandia says subjective fund labels such as Cautious Managed can be misleading and is backing a European-wide standardised risk score to help consumers better understand their investments.

Alan Johnson has resigned as shadow Chancellor citing "personal reasons" and will be replaced by shadow home secretary Ed Balls.

The FSA is planning to launch a database to identify "high risk" advisers as it presses ahead with plans to monitor individuals through data collection.

Investors should shun fixed income assets for high-yielding equities in areas like emerging markets, in order to beat the inflation trap, according to Distinction Asset Management.

The term ‘fund supermarket' is redundant, outdated and misleading and confuses the real debate about which platforms provide the best service and execution, Cofunds says.

The FSA has fined and banned two partners at investment firm Clark Rees £28,000 for advice failings in relation to unregulated collective investment schemes.

Aviva is replacing the annual management fee on its wrap with a lower flat charge for ISAs and collective investments.

Advisers and providers are warning further clarification is needed on a number of "grey areas" following the FSA's clamp-down on risk-profiling tools.

The boss of Santander may be forced to step down on fraud charges in a move which could see float plans for its UK arm delayed.