Prime Minister David Cameron joined the fight to force the FSA to reveal what it knows about the failure of the Arch cru fund range, just days before today's announcement of a £54m compensation package for investors.

RBS' share price was sent tumbling yesterday as workers rushed to offload a swathe of bonus shares in exchange for cash.

IFA 2plan has been awarded £87,000 after winning a High Court battle against two advisers.

The Treasury has ruled out launching its own independent inquiry into the collapse of Keydata until after the Financial Services Authority (FSA) has completed its review - which has so far stretched to two years without any public findings.

The Treasury is proposing to strictly define who is an ordinary British resident for tax purposes, as part of reforms announced in the Budget.

Government plans to use transparency and disclosure as a regulatory tool - including publishing warning notices against advice firms - could hurt consumer confidence in the industry and make them disengaged from financial services entirely, the Treasury...

Government plans to give the FSA's successor powers to intervene in product regulation could lead the public to expect they have been endorsed by the regulator and so are ‘safe', ministers have been warned.

Pressure is mounting on the Treasury over Arch cru today after a second MP called for the government to step in and investigate the role of the Financial Services Authority (FSA) in the failure of the cru fund range.

David Norman, joint founder and CEO of TCF Investment, says exchange traded product (ETP) providers should be proactive in creating industry best practice in light of the FSA's ‘early intervention' approach to the sector.

The Financial Services Authority (FSA) spent £763,000 on a review of the Financial Services Compensation Scheme (FSCS) only to shelve it in 2010.