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.

The Serious Fraud Office (SFO) has been called in to investigate Harlequin Property, a UK-based overseas property sales agent that is not regulated by the Financial Services Authority (FSA), according to reports.

The Royal Bank of Scotland is to reduce the size of its investment bank by as much as £30bn and cut hundreds more jobs as the taxpayer-backed lender attempts to head off growing government pressure to close down the controversial division.

Taxpayers could face a £100 bn bill for the loss of Britain's much-prized AAA credit rating. The staggering sum, equivalent to 5p on the basic rate of income tax, comes from the Treasury's own forecast for a worst-case scenario.

Tens of thousands of pensioners and people approaching retirement have been sold worthless ‘trust' schemes that promised to protect their home if they went into care.

Financial advisers and regulators around the world are looking to the UK's Retail Distribution Review (RDR) as the model to follow for good practice, according to Phil Billingham.

Restricted adviser network Openwork has posted its first ever profit as a standalone trading company, reversing a loss of more than £13m in 2011.

A former IFA has left up to 15 couples without a wedding venue after the inn she owns backed out of hosting their big days.