The main distributor of the suspended Axiom Legal Financing fund is urging investors to sack the fund's directors with immediate effect.

The Financial Services Authority's (FSA) plan to raise the amount of capital self-invested personal pension (SIPP) providers have to hold will spur further consolidation in the market, the chairman of Mattioli Woods has said.

IFAs will need to find an extra £28m to cover the cost of further levies for the Financial Services Compensation Scheme (FSCS).

Fraudsters pretending to be from the Scottish Public Pension Authority (SPPA) have targeted the organisation's members in a bid to extract financial information.

Britain's banks face a financial black hole of up to £60bn from regulatory demands, hidden losses, and potential mis-selling costs that threaten to jeopardise future growth, the Bank of England has warned.

RECRUITMENT

Financial planning firm Henwood Court has written an open letter to Chancellor George Osborne calling on him to abandon auto-enrolment for firms with fewer than 50 employees.

AUTUMN STATEMENT

Business secretary Vince Cable is likely to succeed in pushing a mansion tax though parliament in the Autumn Statement, tax specialist Baker Tilly has said.

The Financial Services Authority (FSA) has banned a partner at a self invested personal pension (SIPP) operator at the center of fraud proceedings for failing to keep informed about management decisions at the firm.