The Financial Services Authority (FSA) has written to pension providers asking them for details of members' holdings in Harlequin Property, a UK based overseas property sales agent that is not regulated.

Brussels is to curb bankers' bonuses from next year in a major blow to the City and the government.

The global economic recovery will slow this year unless the US averts $85bn (£56bn) in spending cuts that start today, the International Monetary Fund has said.

Lloyds Banking Group has narrowed its losses for 2012 to £570m, from £3.5bn the previous year.

LIFE OF PI

The Financial Services Authority's (FSA) proposal to ban the promotion of unregulated collective investment schemes (UCIS) to retail investors is the one move it has made which is likely to actually save people money, according to wealth manager Courtiers....

A barrister convicted of tax fraud for failing to pay more than £600,000 in VAT was sentenced to three and a half years in prison today.

The Personal Finance Society (PFS) has announced that Scott Goodsir, managing director and head of wholesale for BNY Mellon Asset Management, has been appointed as an adviser to its board.

Investec Bank and Morgan Stanley have both modified their structured products terms and conditions after the Financial Services Authority (FSA) found terms in both were potentially ‘unfair' to clients.

Rayner Spencer Mills, fund rating and independent research company, has extended its range of specialist services with the launch of a new in-depth fund profile service.