The Bank of Ireland may have acted illegally when it increased tracker mortgage rates for 13,500 borrowers by up to 122%.

CWC Research, in association with FundsNetwork, has launched a guide on how adviser business models can profitably evolve in the post-Retail Distribution Review (RDR)environment.

The directors of the troubled £400m Caribbean property investment scheme run by Harlequin Property have been issued with a High Court order freezing their personal assets up to £1.1m.

A significant minority of investors at Prudential have voted against chief executive Tidjane Thiam's 2012 pay deal, delivering a rebuke to leadership already under fire for their handling of a failed Asian takeover.

Yorkshire Bank has "serious questions to answer" over failed property scheme Arck LLP - now under investigation by the Serious Fraud Office (SFO) - which left investors millions of pounds out of pocket, an MP has said.

Novia, the online wrap provider, has already loaded 80% of available clean share classes and is targeting the provision of access to more than 2,500 by the end of June 2013.

JAPAN

The Financial Conduct Authority (FCA) has issued a rallying call to advisers and the wider industry to help it regulate, saying it "can't do it alone".

Investors have poured more than £1bn into funds investing in Brazil, Russia, India and China in the past six months.

BP and Shell were braced for the reaction of the markets on Wednesday after European regulators began an investigation into whether the companies may have manipulated the price of oil for more than a decade.