More than half of all mortgage brokers have been unable to arrange a mortgage for a first-time buyer, according to the Intermediary Mortgage Lenders' Association (IMLA).
The FSA says it expects to see "more prosecutions and confiscation of assets" as a result of mortgage fraud after it banned a North-London based broker.
Corporate pension advice is too commission focused, which leads to poor retirement provision for employees and a bad deal for employers, according to Towry Law.
Morgan Stanley has launched a retail structured product it says is both cash collateralised and backed by AAA-rated UK gilts.
Further selling of financials characterised London's leading stock exchange on Monday with the index down more than 24 points, or 0.6%, to 4,164.
Assurant Solutions Intermediary (ASI) has announced a new partnership with Personal Touch Financial Services (PTFS), which will see Assurant initially provide mortgage and payment protection cover through PTFS' online quote engine.
Assets under management in exchange traded funds are steadily rising, according to two major prov...
Having rallied strongly just prior to close of play last night the Dow Jones looks set to finish the week below the 8,000 mark.
Banking files from the Caymans have been handed to the US authorities by a whistleblower claiming they reveal international tax avoidance, according to reports.
Approximately £94m from Isle of Man government reserves will fund larger early payments to Kaupthing Singer & Friedlander Isle of Man (KSFIOM) depositors, according to a local Isle of Man newspaper.