Two insurance brokers have been banned for attempting to cover up a criminal record for fraud.

French President Nicolas Sarkozy has hailed the appointment of the EU's new finance chief as a chance to clamp down on City of London excesses, in a direct rebuke to the British government's handling of the economic crisis.

Pension transfer times continued to increase in the third quarter of 2009, according to figures from Origo.

Aegon and Canada Life will both begin using postcode pricing for their annuities this month.

FSA guidance on structured product advice wrongly makes the investments seem unsuitable for consumers with no risk appetite, according to AIFA.

A number of major insurers are thought to be on a list of companies that pose a systemic risk to the financial system.

Net mortgage lending grew by £0.9bn last month, with house purchases driving growth, according to the Bank of England.

Advisers should not get defensive when asked for additional information by SIPP providers, the FSA says.

Arc Capital and Income (ACI) has been sold to Merchant Capital, administrator Carter Backer Winter (CBW) has confirmed.

Axa is asking the public to vote on a new name for pensions as part of its My Budget Day financial awareness programme.