Non-executive director at Hargreaves Lansdown Jonathan Davis will join the ABI as director of investment affairs in the new year.

Thousands of investors in Keydata plans backed by Lifemark are facing another setback in their bid for compensation after the administrator says he is "really questioning" the quality of traded life policies (TLP).

Fraudster Bernard Madoff's family are facing 40 new law suits as lawyers claim they pocketed $69m from his Ponzi scheme.

The FSA has been forced to admit it lost dozens of staff in the third quarter alone, after Lord Myners questioned the Treasury about a flurry of recent exits from the regulator.

The Treasury Select Committee (TSC) has expressed doubts about the coalition government's programme to aid Britain's economic recovery by slashing public sector spending.

The Treasury Committee has launched an inquiry into Britain's tax policy to find out how it can be used to encourage economic growth.

The Treasury Select Committee has called for written evidence on the RDR, ahead of a three hour debate on the rule change next week.

Lord Myners, the former City minister, has called on the Chancellor to prove his claim Britain was "on the brink of bankruptcy" before the coalition government took over in May.

Next week's highly anticipated parliamentary debate on the RDR should focus on adviser charging, not populist issues like grandfathering, says Yellowtail Financial Planning MD Dennis Hall.

UBS is being sued for more than $2bn (£1.3bn) amid claims it hid fraudster Bernard Madoff's Ponzi scheme while it lost his clients billions.