Succession, the wealth management group, fund consolidator and platform operator, returned profits of £1.4m last year, and increased funds under management 76% to £1bn.

The Financial Services Authority (FSA) will conduct a review into the £800bn unit-linked fund sector.

Rebus Investment Solutions, a company which helps investors recoup losses from complex investments which they argue they have been mis-sold, has secured £750,000 of compensation on behalf of five clients invested in a carbon credit scheme.

The Financial Services Authority (FSA) wants the power to ban individuals while it is still investigating them for alleged wrongdoing.

IFAs believe those with pension pots of less than £65,000 are unlikely to pay upfront for advice, according to research by Axa.

A law firm is preparing to launch claims amounting to £23m against Yorkshire Bank for professional negligence related to money invested in Arck LLP.

The Financial Services Compensation Scheme (FSCS) has declared 13 insurance brokers in default, paving the way for clients to claim compensation.

The Financial Services Authority (FSA) has said it will "come down hard" on those firms who continue to flout its rules after its first round of thematic reviews this year.

Britain risks seeing its standard of living hit if it leaves the European Union, according to the head of the world's largest bond fund.

The Financial Services Compensation Scheme (FSCS) is levying firms in the fund management and investment intermediation sectors a total of £31m.