Yorkshire and Clydesdale have confirmed that they will be joining a host of other high street banks to exit the advice market.

Positive Solutions has reported profits before tax of £2.3m for last year, wiping out a £0.4m loss in 2011, as it strives to offer a "John Lewis level" of customer service to its advisers.

The Financial Services Authority (FSA) has today banned the co-founder of Cru Investment Management Stephen Danner from working in regulated financial services. As the poisoned chalice of Arch Cru continues to take victims, IFAonline looks at where he...

Paul Milsom, a former senior equities trader at Legal & General Investment Management (LGIM), has today been sentenced to two years imprisonment for disclosing inside information between October 2008 and March 2010.

The Financial Services Authority (FSA) has banned the co-founder of Cru Investment Management Stephen Danner for failing to act with integrity and behaving in a way which fell well below the standards required of him.

Nearly 1,500 members of the failed Severn Four Credit Union will get their money back within seven days after the Financial Services Compensation Scheme (FSCS) declared it in default today.

Aviva suffered a loss of £3bn in 2012 due to a £3.3bn writedown from the sale of its US business last year.

Standard Life has revealed restructuring and regulatory costs brought on by the Retail Distribution Review (RDR) and Solvency II cost the business £109m last year, up from £70m in 2011.

ABSOLUTE RETURN

The Financial Services Authority (FSA) should get an independent body such as an accountancy firm to review the success of the Retail Distribution Review (RDR), Zurich's head of government and industry affairs team Matt Connell has said.