The Financial Services Compensation Scheme (FSCS) has paid out £5,696,776 in claims related to failed contracts for difference (CfD) trader Direct Sharedeal - with liabilities falling on investment advisers.

Troubled overseas property scheme Harlequin can be saved but investors will have to sign away their right to pursue the company for losses - and wait between three and five years to see any returns, a lawyer close to the situation has said.

A gang of investment fraudsters who conned 73 people out of £700,000 have been jailed for up to six years at Southwark Crown Court.

Royal London is scrapping the Scottish Life, Bright Grey and Scottish Provident brands to move to a single "master brand" for its UK life, pensions and investment businesses.

Skandia has abandoned plans to buy small stakes in IFA firms following conversations with the Financial Conduct Authority (FCA) in which the regulator said it was "uncomfortable" with the idea.

Barclays is considering controversial plans to dodge a new bonus cap from Brussels.

St. James's Place, the wealth management group, has reported it now has funds under management of £41.8bn, up 5% over the three months ended 30 September 2013, and 20% since the start of the year.

The Serious Fraud Office (SFO) has said it, together with Essex Police, is continuing to investigate complaints into troubled overseas property company Harlequin.

More than half of young workers are facing the prospect of lousy retirement incomes unless they significantly increase their pension contributions, an influential think-tank has said.

The former boss of the Co-op was lambasted by MPs for having ‘selective amnesia' after he claimed its stricken bank is an innocent victim of the financial crash.