City stockbrokers are considering lodging an official complaint after the government's decision to reject the majority of applications for Royal Mail shares cost them millions in lost commissions.

Savers who do not have an old account paying a competitive interest rate could consider using a current account for savings.

Britain's economic recovery is now firmly entrenched thanks to a spending spree by consumers - and fears of a housing bubble are just ‘hysteria', say leading economic forecasters.

In his final speech as deputy governor of the Bank of England Paul Tucker revealed that the resolution regime, which would allow one of the world's largest banks to collapse without being rescued, is now in place.

Sesame Bankhall group (SBG) has teamed up with Aviva to provide real-time, up-to-date valuations on pension and investment products.

A couple is pursuing national IFA firms Positive Solutions and 2plan Wealth Management for what they claim was negligent advice to invest in high risk unregulated investments - including using money they had received from a critical illness (CI) payout....

ETHICAL INVESTING

Bellpenny, the national wealth manager and IFA acquirer, has completed the acquisition of Meridan Park Associates (MPA), an IFA based in Newbury, Berkshire.

Despite fears that consumers would be unwilling to pay for financial advice post the retail distribution review (RDR), AXA's latest Big Money Index has found that one in four consumers are willing to pay for financial advice, the same number as pre-RDR....

US President Barack Obama will nominate Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank on Wednesday, according to a White House official.