Morningstar has launched qualitative research and ratings for passive funds, assigning a Morningstar Analyst Rating for 25 of the most popular index funds in the UK.

Savers will be able to shelter any returns from peer-to-peer lending activities in a tax-free individual savings account (ISA), according to reports.

Investors view the whole of the financial services industry through the prism of banks' behaviour, meaning trade bodies must do more to talk up the good the profession does, according to ex-Morningstar OBSR managing director Richard Romer-Lee.

Royal Bank of Scotland (RBS) will have to undergo an independent skilled person review of its lending practices following allegations that it put some good and viable businesses into default so it could boost profits.

Retiring armed forces personnel should be seen as a ripe hunting ground for new advisers, according to Lighthouse chief executive Malcolm Streatfield.

Savers in South Buckinghamshire have the highest average savings balances in the UK at £13,429, which is three times the typical balance in Hackney, research shows.

Aurelius Capital, the largest hedge fund investor in the Co-op Bank, has sold down almost its entire stake to rival Perry Capital.

The yawning property gap across England and Wales has highlighted again as figures showed house prices surging nearly 9% in London while values are still on the slide in the North.

STEP TOO FAR?

Total expense ratios (TERs) of 240bps for a combination of adviser fees, discretionary management charges, platform costs and fund manager fees are "unsustainable" and will likely be driven down, Schroders head of UK intermediary Robin Stoakley has said....