Investment advisers' annual fee to the Financial Services Compensation Scheme (FSCS) will jump to an estimated £96m in the coming financial year, compared with just £8m last year.
Steven Crawshaw, the former chief executive of the part-nationalised Bradford & Bingley, received more than £1m last year even although he only worked for five months because of ill health, The Guardian reports.
The FTSE 100 advanced in early trading on Tuesday buoyed by stronger-than-expected results in the retail arena.
An online portal has been launched providing consumers with direct access to financial advisers.
SPA ETF has delisted six ETFs from the Borsa Italiana's ETF PLUS market. The funds include M...
Barclays is in exclusive talks with private equity firm CVC Capital Partners over the sale of its...
Industry figures have questioned the likelihood of any realistic offer being made for Network Data, after the firm announced it was looking to sell the business.
The FSA's proposed capital adequacy regime punishes firms which are attempting to move towards the post-RDR business model, according to the Institute of Financial Planning (IFP).
The Dow Jones has dived more than 3% this morning as General Motors plummets on news President Obama may allow one of the US auto giants to go under.
The Corporate Bond sector remains at the top of the IMA leader board for the fourth consecutive month, with gross retail sales comprising 26% of UK fund sales in February.