Former AIFA deputy director general Fay Goddard is calling on the FSA to ensure terminology used to define the types of financial advice available to consumers is "clear and meaningful".

Brett Williams officially took the hotseat at Cofunds today and immediately outlined his intentions for the future of the platform.

Friends Provident will cut final bonus rates on its with-profits policies after gross investment returns on the fund hit -10.5% in 2008.

Regulatory authorities in India have ordered an inquiry into PriceWaterhouseCoopers' auditing of Satyam, the company at the heart of the country's biggest ever alleged fraud, which commentators are calling India's Enron, reports The Telegraph.

Consumer cyclicals boasted the largest sector gains in UK markets early on Friday, up 1.42% in the wake of several retail groups announcing surprising results.

Investec Trust has appointed trust professional Luis Gonzalez as director of the business to develop relationships with London-based advisers.

HBOS pension fund trustees have decided not to delay the bank's takeover by Lloyds TSB.

Rewind 12 months and not many of us could have predicted the outcomes we have seen over the last year.

The Guernsey Financial Services Commission (GFSC) has called for new supervisory standards to be adopted internationally, following the inquiry into Landsbanki Guernsey (LGL) going into administration on 6 October.

Nine in 10 IFAs believe the positive long-term relationships they have with their clients will be unaffected by the negative fall-out from the credit crunch, according to new research from Sesame.