The FSA is urging IFAs to carry out an urgent review of any advice they have given on unregulated collective investment schemes (UCIS) and make redress to customers if needed.

George Osborne's emergency Budget has increased the chances of the British economy sinking into a second recession next year, a respected think tank says.

Royal London total new life and pensions business rose 35% in the first half of the year, driven by strong performances from Scottish Life and Royal London 360.

Banks are once again leading the FTSE 100 gains in early trading, after a number of stocks soared upwards of 10% yesterday on the relaxing of Basel III rules.

The Government is proposing to extend tax anti-avoidance measures in a crack-down on the use of discretionary trusts to dodge inheritance tax (IHT).

Chief information officer Deepak Singh was paid £149,500 by HMRC to work three months beyond his leaving date.

Vince Cable has backed the extension of preferential lending to small and medium-sized enterprises (SMEs), threatening banks with penalties if they fail to provide loans to good businesses.

Bestinvest has recruited former UBS head of operations Donald Reid as chief operating officer.

The Consumer Protection and Markets Authority (CPMA) will follow the same strategy as the Labour-built FSA it is set to replace, the Treasury says today.

The Lighthouse Group has appointed Roger Sanders OBE as managing director of its employee benefits division.