Troubled overseas property company Harlequin is in "advanced discussions" with investors over its further funding and a company restructure, according to a law firm involved in the talks.

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Staff costs at the regulator were £15.4m higher than budgeted for following its decision to make a one-off contribution of £22m to reduce its defined benefit pension scheme deficit.

Law firm Regulatory Legal has set up an alternative business structure with a wealth manager to package up legal advice for financial advisers to provide to their clients.

The International Monetary Fund has raised its forecast for UK growth this year in the face of sharp cuts to world, US, eurozone and emerging market predictions as it warned that "downside risks to global prospects still dominate".

The financial future of thousands of former miners was thrown into doubt last night after Britain's last coal company collapsed into administration.

Providers - and adviser Almary Green - have given their verdicts on news today that the government plans to lift NEST's contribution cap and transfer restrictions in 2017.

Jargon Free Benefits founder Steve Bee has welcomed news that the government plans to legislate for the lifting of NEST's contribution cap and transfer restrictions in 2017, calling the limits "crazy" - and saying they should be removed today.

The government plans to legislate for the lifting of NEST's contribution cap and transfer restrictions in 2017.

The government plans to scrap what it has branded the "failed" approved person regime in financial services and replace it with a new senior persons regime.