The publication today by the FSA of plans to ban the sale of "toxic" traded life settlement investments to retail investors serves to seal the fate of advisers who recommended Keydata.

The Financial Services Authority (FSA) said it estimates half of all funds held in the UK traded life settlement policy market are in investments which are in "difficulty".

The Financial Services Authority (FSA) has said it plans to ban the sale and promotion of "toxic" traded life settlement policies because they are high risk and generally unsuitable for the majority of UK retail investors.

A banned financial adviser who was last week arrested for misleading investors as part of a investigation by the Financial Services Authority (FSA) and West Midlands police has been named.

Barclays Wealth is facing a legal threat over an allegation that it should have provided ongoing financial advice to a client who paid nearly £10,000 in trail commission.

House prices will increase by 15% over the next five years due to a shortage of available properties, according to economists.

George Osborne is expected to crackdown on tax avoidance by the wealthy and aim help at commuters, motorists and small businesses in this week's Autumn Statement, acording to reports.

Axa has said it is considering a sell-off of the advice business it owns, Bluefin Advisory Services.

A Poole-based IFA has expressed anger at lawyers for the FSCS for apparently mistakenly including the name of his firm on a list of businesses the scheme may pursue for money it paid out to Keydata investors.

Lawyers hired by the FSCS to pursue claims against IFAs who recommended Keydata yesterday sent out letters with the names and addresses of every firm it is chasing. IFAonline can now exclusively reveal the full list.