The FSCS, FOS and the regulatory environment in general are essential, but something is going "badly wrong" with the system, says Informed Choice executive director Nick Bamford.

Brooks Macdonald must pay over half a million pounds to the FSCS for its share of the cost to the industry of investment failures.

Bluefin Corporate Consulting, part of AXA-owned Bluefin Advisory Services, is programming the company's 1,000 computers to play Stevie Wonder's 'Signed, Sealed, Delivered, I'm Yours' every time the firm wins a new client.

Leading Tokyo shares fell on Friday after ratings agency Standard & Poor's (S&P) downgraded Japan's creditworthiness.

IFG must pay £1.08m to the Financial Services Compensation Scheme (FSCS) for its share of the interim levy, with recent acquisition James Hay accounting for £0.94m of this total.

Company updates have had a good reception but London's top share index is pausing for breath after recent strong gains.

The Dow Jones broke through the 12,000 level for the first time since June 2008 on Wednesday, following calls for a cut in corporate taxes and a unanimous vote by policymakers to maintain a $600bn bond-buying plan.

All advisers who sold low and medium risk investors Keydata products backed by life settlements face the threat of crippling compensation payouts, after a landmark early decision by the FOS.

Billionaire investor George Soros has warned the Chancellor's austerity budget will return the UK to recession unless the government curbs its spending cuts.

Williams de Broë must fork out £1.4m to the FSCS for its share of a £326m interim levy, an increase of 600% on last year.