Canada Life is launching two funds focusing in gilts and bonds, and cash-based investments.

Standard Life is to launch a marketing campaign for its SIPP, to be fronted by celebrities Marco Pierre White, Mariella Frostrup and Sir Ranulph Fiennes.

The FSA has banned a mortgage broker from giving financial advice and stopped his Liverpool-based firm, Stone Financial Management (SFML), from conducting any further business.

Net mortgage lending climbed by £2.9bn in December, figures from the British Bankers' Association (BBA) reveal.

French banking giants Crédit Agricole and Société Générale are to create new €638bn asset manager after outlining plans to merge their fund operations.

A Lancashire-based financial adviser has been fined £28,000 for failing to advise clients of the risks associated with certain investments.

Barclays is fast approaching a staggering 70% gain on Monday after its bosses reassured investors on the bank's financial health in an open letter this morning.

The FSA should crack down on the "money for nothing" culture of financial advisers who receive ongoing commissions on with-profits investments, according to Which?, the consumer organisation.

Henderson has emerged as the favourite to acquire struggling New Star Asset Management after being granted exclusive rights to negotiate a deal, reports at the weekend from the Sunday Telegraph suggest.

AXA Life is in discussions with Capita Group plc ("Capita") to outsource a section of its policy administration in a move it says will improve service to customers and intermediaries.