The Financial Services Compensation Scheme (FSCS) will loan troubled Keydata-backer Lifemark $10m (£6.3m) to prevent its default and buy it time to start generating returns for investors and industry levy payers.
Savers may be offered tax-free individual savings accounts (ISAs) to invest in schemes to help the poor.
Financial companies can expect increased scrutiny from prosecutors and regulators as the biggest overhaul of Britain's bribery laws in more than a hundred years comes into force today.
Tomorrow, thousands of public sector workers will strike over proposed reforms to their pensions. But just how do they compare to private sector provision?
Informed Choice chief executive Nick Bamford and chief executive of the Institute of Financial Planning Nick Cann give their verdict on yesterday's Financial Services Authority meeting on the future of regulation.
Sheila Nicholl, the FSA's director of policy, yesterday asked a packed hall of advisers, product providers and consumer groups: What one thing would you want the Financial Conduct Authority to do differently to the FSA on consumer protection?
Financial Services Authority(FSA)chief executive Hector Sants has ruled out rewarding firms with lighter touch regulation for good behaviour under the planned Financial Conduct Authority(FCA).
A former Citigroup vice president has been charged with stealing more than $19m (£12m) from the bank in what one US prosecutor called "the ultimate inside job".
Central London luxury home prices will rise 8% this year as overseas buyers take advantage of a weak pound, broker Savills said.
Consumer groups will have the power to insist regulators investigate complaints of mass mis-selling of financial products when the Financial Conduct Authority takes over in 2013, Mark Hoban, financial secretary, will announce today.