The Financial Services Compensation Scheme (FSCS) levy for investment advisers will increase by almost 400% in the 2009/10 financial year due to an expected increase in mis-selling and property claims.

Northern Rock's shareholders have lost their legal battle to receive compensation from the Government

US-based investment company Edward Jones says it is currently hiring 38 advisers a month in the UK as it bids to spread its influence overseas.

Executives and staff of the Financial Services Authority (FSA), the chief City regulator, are in line for up to £33 million of bonuses and pay top-ups this year, The Times reports.

Skandia UK Fixed Interest Blend has invested £12m in the Invesco Perpetual Corporate Bond fund run by Paul Causer and Paul Read.

Financial and commodity companies helped the FTSE 100 climb 60.35 points this morning (1.44%) to reach 4,262.59 by 8.50am.

Axa Winterthur is expanding the range of services available to advisers via its Professional Edge programme.

A lot has changed since the Beatles released their love-song about ageing, "When I'm Sixty-Four" (England were Football World Cup holders for a start!).

With the UK in the teeth of what appears set to be a deep recession, investment conditions difficult to say the least, unemployment rising and the baby boomer retirement bulge due to come to a head in the next four or five years, the challenges we all...

The FSA's "astronomical" proposed budget increases for the coming financial year will endanger the survival of good firms, the Association of IFAs (AIFA) warns.