Providers of structured products need to better assess if the investments are value for money for investors who struggle to understand them and tend to significantly over-estimate returns, the regulator has said.

Aviva has said it expects its acquisition of rival Friends Life to generate extra revenue of £600m over the next two years, including and cost savings for the company of £225m.

The convicted fraudsters behind failed property investment Arck have been banned from being company directors for a total of 29 years.

Banker's Umbrella: A heartfelt defence of offshore banking

Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.

Financial advisers could be on the hook for hundreds of millions of pounds after the latest twist in the Harlequin saga in which the Financial Services Compensation Scheme (FSCS) has written down the value of the investment to nil.

An unidentified problem at Fidelity FundsNetwork caused £50,000 to temporarily ‘disappear' from view from an advised client's portfolio.

Old Mutual Wealth has reported profits from its platform business rose 46% last year as it integrated Intrinsic's 3,000 advisers into the group.

The Serious Fraud Office (SFO) has opened a criminal investigation into an alleged fraud involving investments in teak plantations in Brazil.

Action Fraud, the UK's national fraud reporting centre, has said it will change the wording of future communications to the public after concerns about a newsletter incorrectly stating people can get financial "advice" from the Citizens Advice Bureaux...