Britons should be offered taxpayer-funded "financial MOTs" when they reach 50 to make sure they are prepared for retirement, a think tank has said.

Former England cricketer Paul Collingwood and his wife are suing a financial adviser whom they accuse of losing more than £300,000 of their savings through risky investments.

The archbishop of Canterbury, Justin Welby, has accused bankers of having "a culture of entitlement" in a scathing critique of the City's ethical and professional standards.

Spain's collapsing residential property market is still overvalued, banking experts have warned.

The Financial Conduct Authority (FCA) has given Britain's biggest banks permission to start paying the estimated £2bn-plus compensation owed to small firms that were mis-sold derivatives products.

The chief executive of Lloyds Banking Group has opened the door to a return to the dividend list as he prepares to reveal the bank's net lending to UK businesses has increased for the first time since the global credit crisis.

Royal Bank of Scotland is set to unveil its best quarterly figures since the financial crisis, in a move that will spark renewed debate about the bank returning to private ownership.

A group of Harlequin Property investors is seeking to agree a process with the company to facilitate the review of all investments through self-invested personal pensions (SIPPs) or those which have utilised a re-mortgage.

The Financial Ombudsman Service (FOS) has received a "small number" of complaints related to troubled overseas property sales agent Harlequin Property - though this could rise if a group of investors gets its way.

The family of a man who died of cancer but whose life insurance payout was refused on the grounds that he failed to disclose pins and needles have won their fight against Friends Life, after the Financial Ombudsman Service (FOS) ruled that the insurer...