Lord Lipsey has resigned from the Financial Services Consumer Panel (FSCP) after six months in the role and just days after criticising aspects of the Retail Distribution Review (RDR).

Fund managers only get around 50pc of their decisions correct, according to research from investment analysis firm Inalytics.

Sesame's executive chairman Ivan Martin has slammed the FSA's idea of a sales advice category, describing it as a 'Frankenstein creation'.

A website designed to raise awareness of the importance of protecting your income has been launched.

Lord Lipsey has resigned from the Financial Services Consumer Panel (FSCP) just days after criticising aspects of the Retail Distribution Review (RDR).

A cross-party group of MPs have called on the Chancellor to end the Equitable Life Saga by apologising to policyholders.

The FSA has written to the chief executives of all mortgage lenders and mortgage administrators giving them until January 31 to ensure that their customers facing arrears are being treated fairly.

Sesame executive chairman Ivan Martin has criticised the FSA's 'sales advice' category proposed in its RDR feedback statement as a "Frankenstein creation".

Indian stock markets have re-opened today after their forced closure following the terrorist attacks on the nation's commercial capital, Mumbai.

Equitable Life, the troubled mutual life insurer, halted the sale of its £6 billion with-profits fund yesterday after a year of trying to find a buyer for the business, reports The Times.