Just what is going on with Japan? Two views on trouble in Tokyo

Axa Elevate has said a ‘systems error' is causing delays in income payments to hundreds of clients on the platform.

Personal Touch has appointed Jane Cross, formerly finance and IT director, as the network's chief executive officer.

Legal & General (L&G) is splitting its savings business in two and restructuring other parts of its L&G Assurance Society (LGAS) division ahead of the departure of the arm's chief executive John Pollock next May.

Fiveways Financial Planning director Chris Gilchrist has teamed up with Parmenion to overhaul his firm's investment offering, in a move away from in-house model portfolios towards a hybrid discretionary managed proposition.

Financial advisers could be worth up to 3% a year in net returns to clients, compared to what they could achieve on their own, according to peer reviewed research conducted by Vanguard Asset Management.

Three investments in off-plan property firm Arck totalling £45,000 were too high risk and complex for a client, the Financial Ombudsman Service (FOS) has ruled, despite the adviser's claims he had previously invested in similar schemes.

The government's Equitable Life Payments Scheme (ELPS) has now issued over £990.5m worth of payments.

A businessman who wrote a government report that criticised RBS has been told he can no longer remain a customer of the bank, according to the BBC's Panorama programme.

Blackrock has notified the stock exchange that it now owns more than 5% of commodities trading giant Glencore.