Britain's bailed-out banks need billions of pounds more capital to shore up their balance sheets and support the economy, senior Bank of England officials have warned.

Banks will see the opportunities in giving advice and will come back to the market, according to Legal & General (L&G).

The current scope of the Retail Distribution Review (RDR) is only a temporary measure which will be expanded to mortgage and insurance advisers in the future, according to consumer finance expert Jasmine Birtles.

SPL Guernsey, the manager of what were the Arch Cru funds, is suing the former auditor of the fund range for £3.7m for breaches of duty in relation to the fund's accounts.

The Financial Ombudsman Service (FOS) has ruled that an IFA should repay an investor £150,000, the amount he recommended he invest in a troubled unregulated collective investment scheme (UCIS).

The Financial Services Authority (FSA) has taken action against Ilford-based non-advisory business Baronworth Investment Services - and its chief executive Colin Jackson - for failing to ensure its direct-offer financial promotions were ‘fair, clear and...

An IFA is planning to raise with the Financial Services Authority (FSA) concerns he has that some closed fund companies are not treating customers fairly.

The Financial Services Compensation Scheme (FSCS) is poised to launch a new consumer awareness campaign next week, after its chief executive admitted its previous £4m drive had failed.

The Financial Services Authority (FSA) is advertising jobs for university graduates on a student website.

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