The number of UK firms going bankrupt in August was the lowest number since last September when the collapse of Wall Street bank Lehman Brothers sent shockwaves across markets and economies around the world, a survey shows.

The Government is leaving itself open to accusations of a future misselling scandal if it allows Personal Accounts to go ahead in their current form, according to an influential think tank.

IFA support services provider threesixty has expanded the education support it provides financial advisers as the industry prepares itself to meet demands for higher standards of professionalism.

IFAs are being offered the chance to see Robert Peston and Andrew Neil discuss the challenges of meeting the financial needs of an ageing population.

The value of new home loans approved for buyers in August is likely to be less than the previous month, the Council of Mortgage Lenders (CML) predicts.

Newcastle Building Society is closing its equity release advice business, with the loss of five jobs.

The RDR represents a bad deal for consumers, according to a former FSA consultant.

MetLife has appointed a former Hartford sales director to drive its growth plans in the UK IFA market.

Average pension transfer times have increased, according to the ABI's latest Options performance data.

On Wall Street, markets fell back slightly on the anniversary of Lehman Brothers's collapse.