A group of investors in troubled overseas property scheme Harlequin have dropped a case against the scheme's chairman David Ames, and his company director wife Carol, that alleged the pair made false claims about the investment.

The hunted: Fresh trends in adviser acquisitions

The Financial Conduct Authority (FCA) is seeking to ban and fine an adviser £290,000 for a series of failings, including that he falsified the signatures of two clients to register them as 'sophisticated' investors.

The Financial Services Compensation Scheme (FSCS) has so far paid out £21.2m in claims related to the collapse of adviser network Alpha 2 Omega (A2O) after finding widespread mis-selling of unregulated collective investment schemes (UCIS).

The UK would have "zero" influence if it voted to leave the EU, the outgoing president of the European Commission has said.

Interest rates should remain low to avoid long-term economic stagnation, the chief economist at the Bank of England has said.

The UK economy will grow by 2.4% in 2015, well below the 3.1% growth expected this year, forecasting group EY Item Club has said.

The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.

Almost half of independent advisory firm business-owners plan to sell up within five years - and 10% in the next year alone, according to research.

The Chartered Insurance Institute (CII) and the British Bankers Association (BBA) are launching a joint initiative to promote and develop standards and skills in retail banking.