A former professional indemnity insurance broker has been banned by the regulator for giving forged evidence and lying to the High Court.

Advisers and investors face further uncertainty over their fate as the Financial Services Compensation Scheme (FSCS) has once again delayed a ruling on advisers' liability for investment losses in overseas property scheme Arck.

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The Conservative party has promised a range of cuts if it wins power in the general election in May.

The Financial Conduct Authority (FCA) has fined Clydesdale Bank £20.6m for serious failings in its payment protection insurance (PPI) complaint handling processes that may have led to thousands of claims being rejected unfairly.

A Labour government would further reform the retirement market so pension providers "put savers first", the party has said in its manifesto.

JP Morgan's multi-management team has moved money out of equities as it turns from bullish to neutral on risk assets for the first time.

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Conservative party plans to remove family homes worth up to £1m from inheritance tax (IHT) will be paid for by cutting pension tax relief for those earning over £150,000.

More than a hundred thousand Natwest and Royal Bank of Scotland customers are being automatically switched into current accounts with much higher overdraft charges.