The Money Advice Service (MAS) is ready and able to improve consumers' financial education and the burden will not fall solely on advisers, FSA chief executive Hector Sants has said.

The Council of the European Union has proposed to delay the implementation of Solvency II until 1 January 2014, a year later than planned.

Hector Sants today said the Financial Services Authority (FSA) may revisit the deadline for investment firms to meet new prudential rules.

Pro footballer and qualified IFA David Rowson talks to Laura Miller about juggling his commitments and planning ahead.

Meteor Asset Management has agreed to repay a couple £20,000 they invested in one of its Lehman-backed products in a landmark out-of-court settlement.

The FSA has proposed a guide for businesses to avoid becoming "a conduit for financial crime", an area it said small firms have been "weak" to assess and mitigate risks.

Prudential has extended the guarantees it offers on its PruFund range to help advisers target the majority of investors who remain cautious post financial crisis.

So after two years, thousands of FOS claims, the support of two MPs, and a Prime Minister who wasn't even in the post when the debacle began, Arch cru investors have some kind of answer to the question ‘Will I ever get my money back?"

The Financial Services Consumer Panel (FSCP) will ensure the FSA does not "cave in" to pressure from the industry on grandfathering exemptions from qualification requirements for long-standing advisers, it has said.

The FSA and Capita Financial Managers, BNY Mellon and HSBC Bank have confirmed the voluntary establishment of a £54m package for Arch cru investors.