The Financial Conduct Authority (FCA) has fined and banned two former directors of Pritchard Stockbrokers for recklessly failing to protect client money.

Chief executive of the Institute of Financial Planning (IFP) Steve Gazzard has hit out at the advice sector, saying it "hasn't worked", and that financial planning is much more important than advice.

The Liberal Democrats have told David Cameron they will refuse to form a coalition with the Conservatives unless he commits to tax hikes for the middle classes, Nick Clegg has said.

Yahoo is close to investing millions of dollars in mobile messaging service Snapchat, which may value the start-up at about $10bn (£6.2bn), according to reports.

The Channel Island Stock Exchange (CISX) has been fined £190,000 by its regulator for being "seriously at fault" in relation to possible "irregular trading" of the Arch Cru funds.

An accountant has been sentenced to six years in prison after he was found guilty of running a £2.3m ‘Ponzi' scheme.

Investors who put money into failed life bond scheme Catalyst via their Standard Life self-invested personal pension (SIPP) have been told they have longer to wait before finding out if they are eligible for compensation.

The Financial Conduct Authority (FCA) has charged the former treasurer and head of tax at supermarket giant Morrisons with insider dealing.

The Financial Conduct Authority (FCA) has confirmed changes to the way it collects data from advisers in order to simplify the process, including by allowing them to report charging data on either a cash received or accruals accounting basis.

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