DEADLY SINS

TCF

The Financial Services Authority (FSA) has fined UBS £9.45m for failures in the sale of the AIG Enhanced Variable Rate fund.

Barclays has said it will cut 3,700 jobs this year following a strategic review as profits plunge due to mis-selling claims.

Sesame Bankhall has confirmed Barclays has been appointed to review "strategic options" for the group, seemingly confirming industry speculation that parent Friends Life is putting the network up for sale.

A barrister who failed to pay more than £600,000 in value added tax (VAT) that he instead spent on luxury homes has been convicted for tax fraud.

Pension investors in the failed Connaught Series 1 fund are being urged to take part in a TV programme to highlight their plight.

Phil Billingham, director of the Phil Billingham Partnership and operations director of Perceptive Planning, delves into the past to see how we can create a brave new world from its ashes.

Firms are "cautiously optimistic" about the future, according to the Institute of Financial Planning (IFP), though some are still struggling to implement changes to their back office systems post-Retail Distribution Review (RDR).

Panacea Adviser, a free online community for adviser firms, is calling for immediate action to overhaul the way in which the Financial Services Compensation Scheme (FSCS) is funded following yesterday's announcement of a £76m levy on investment intermediaries....