The number of unresolved complaints against IFAs referred to the Financial Ombudsman Service (FOS) fell 1% last year, compared to a 2% rise in disputes against banks.

The Consumer Prices Index (CPI) hit a 17-month high of 3.7% in April, forcing Bank of England Governor Mervyn King to write to new Chancellor George Osborne to explain why.

Two investors seeking the immediate return of their money from a bank linked to US Ponzi swindler Bernard Madoff had their request turned down by a Dutch court yesterday.

Three adviser firms have had their permissions cancelled after failing to pay FSA fees and levies totalling more than £4,000.

Investors are risking their money by moving it in an over-optimistic reaction to the UK political deal, Bestinvest warns.

Lib Dem Steve Webb's appointment as pensions minister has raised fears his party's stance on higher rate tax relief on pensions could see the benefit scrapped.

Prudential's UK new business profits rose 15% in Q1, as the insurer reaffirmed a commitment to its domestic arm today.

Labour MP and ex-financial secretary to the Treasury Stephen Timms is recovering in hospital after he was stabbed, police said.

The man who first proposed the break- up of the FSA and a return of powers to the Bank of England is set to become the coalition Government's key business spokesman in the House of Lords.

The Competition Commission (CC) has provisionally banned the selling of payment protection insurance (PPI) at the point-of-sale, following a legal challenge from Barclays.