The recent debate over mortgage switching fees is set to rumble on after Nationwide was criticised for insisting that customers looking to change deals must first pay new product reservation fees, which can be as high as £1,999.

New Star has suspended dealing in its £29m Heart of Africa fund following an increase in investor redemptions.

London markets were boosted by oil companies this afternoon after a report from the International Energy Agency (IEA) forecast rising demand in 2009.

The Chancellor's Pre-Budget Report amounts to a £2.3bn raid on pension schemes, according to Skandia.

Measures that could make it easier to introduce shared risk pension schemes will be considered by the government and industry in the New Year, Lord McKenzie reveals.

An appeal by a group of HBOS shareholders against the bank's proposed merger with Lloyds TSB has been thrown out by the Competition Appeal Tribunal.

The Homeowner Mortgage Support Scheme will only apply to owner-occupiers and not to buy-to-let landlords, the Government confirmed as it revealed further details of the initiative.

The FSA has fined an Oxfordshire businessman £35,000 for falsely claiming to be authorised, marking the first enforcement case of its kind in the regulator's history.

Royal London has unveiled the brand identity of Royal London 360°, its newly combined Isle of Man-based international business.

Small firms are far less satisfied with the FSA's performance than their larger counterparts in key areas such as the burden of regulation and their relationship with the regulator.