The Financial Policy Committee's power to influence the interest rate stress test in an applicant's affordability assessment will be added to the mortgage rules following a consultation.

Telling clients their investment idea is a 'no go' is a tough job, but someone's gotta do it

Legal & General (L&G) has reported a jump in pre-tax profits as it eyes the acquisition trail following its purchase of Cofunds last year.

At least four banking brands are considering a bid for Kensington Mortgages with private equity firms also interested in the lender.

Will Old Mutual Wealth have any use for the independent advisers it has acquired as part of its deal to buy Intrinsic?

Criminal gangs who trick people into investing in worthless shares have been targeted by police in the biggest ever international crackdown on the fraud.

Investors suing Capita for compensation over the failed Arch Cru fund range are writing to up to 40 wraps and platforms asking them to pass on details of their action to clients who were also invested in the collapsed funds.

The Financial Conduct Authority (FCA) has banned a former adviser to SLS Capital - the company whose bonds underpinned the failed Keydata investments - for giving the misleading impression that the SLS bonds were soundly backed assets.

The Financial Services Compensation Scheme (FSCS) has said it no longer expects to raise an interim levy on investment advisers for the 2013/14 period.

Attitude to property investment sure has changed in recent months