Arch Financial Products (AFP) chief executive Robin Farrell made £492,359 from the sale of shares in the Arch group to the Arch Cru fund range, the Financial Services Authority (FSA) has revealed.

Arch Financial Products (AFP), Robin Farrell, AFP's chief executive, and Robert Addison, a senior partner and former compliance officer at AFP, have hit back at attempts by the Financial Services Authority (FSA) to ban them from working in financial services...

The Financial Services Authority (FSA) has moved to ban and fine Arch Financial Products (AFP) directors Robin Farrell and Robert Addison for failings related to the management of the Arch Cru fund range.

An Essex-based Caribbean luxury resort developer hit by delays has confirmed it will pay back some investors.

Adviser New Year resolutions

The managers of the suspended £117m Axiom Legal Financing fund carried out "little or no due diligence" on the cases in which they invested shareholders' money, according to KPMG.

The Queen has spoken about "lax" City workers and a banking regulator which "didn't have the teeth" to intervene as she discussed the causes of the financial crisis during a visit to the Bank of England

The taxman is sending warning letters to those who have now run up late-filing penalties of £1,300 for that year, under self-assessment.

S&P said it could lower the UK's rating "if fiscal performance weakens beyond our current expectations".

High earners will be about £1,000 a year worse off following the government's planned state pension reforms, the pensions minister has admitted.