The City of London is bracing for fresh job cuts after Morgan Stanley became the first investment bank to swing the axe this year.

The Financial Services Authority (FSA) has pledged to work with firms in 2013 as it carries out a series of thematic reviews into how the Retail Distribution Review has been implemented.

Advisers remain cautious about the prospects for the UK in 2013 and over the ability of Prime Minister David Cameron and Chancellor George Osborne to lead the country's recovery, research suggests.

A number of self-invested personal pension (SIPP) providers have stopped taking investments into Caribbean property fund Harlequin Properties according to its biggest UK distributor, after concerns about it were raised by a law firm.

A former director of a financial advice firm has been charged with fraud.

Sesame Bankhall Group (SBG) has appointed Stephen Gazard as distribution director.

Advisers have largely supported a High Court decision to allow a couple to pursue their IFA firm for extra compensation, even though it had already paid them £100,000 following a Financial Ombudsman Service (FOS) decision.

A High Court ruling which allows a couple to pursue their adviser through the courts for half a million pounds after having already received £100,000 via the Financial Ombudsman Service (FOS) shifts the balance too far in favour of consumers, according...

Cheshire-based financial planning firm Clarion has split its business in two creating a wealth management and an investment management arm.

The Financial Ombudsman Service (FOS) will change the wording on its rulings to say that consumers who it has awarded compensation to can also pursue a legal case for redress following a High Court decision last week.