A retiree's complaint against Friends Life over its failure to pay his annuities on time for a decade has been rejected by the Financial Ombudsman Service (FOS), despite FOS and Friends admitting the delays are poor customer service.

The Financial Conduct Authority (FCA) has issued a warning against a commodity firm it believes is providing financial services without authorisation.

Wealth manager St. James's Place (SJP) has said the secret to its ever rising assets is a client base who are staying invested later in life, as it reported funds under management (FUM) rose 22% in the last 12 months.

Standard Life is closing its Savings Investment Trust ISA and Savings Scheme, and transferring customers to Alliance Trust Savings (ATS).

The Personal Finance Society (PFS) has launched a website to help consumers make better informed decisions about money.

Financial advisers are recommending foreign exchange (FX) providers without knowing how much their clients will be charged, according to an industry expert.

An adviser has criticised Scottish Widows for "appalling" customer service for forcing a client to wait two months to take his tax free lump sum from his pension.

The Financial Conduct Authority (FCA) has handed Deutsche Bank a £227m fine, its largest ever for LIBOR and EURIBOR-related misconduct because the bank tried to hamper investigations by misleading the regulator.

Merrill Lynch International (MLI) has been fined £13.2m by the Financial Conduct Authority (FCA) for incorrectly reporting millions of transactions

A UK financial trader has been arrested over claims by the US that he helped cause the 2010 Wall Street "flash crash".