Consumers will be able to receive compensation within a week of a financial institution's collapse following the implementation of new rules from the FSA.

The UK economy shrank by more than expected in the second quarter of 2009, figures reveal.

Software provider Focus Solutions has upgraded its wealth management tool for financial advisers.

Bank bosses who allow their firms to devise schemes to help customers avoid paying tax could face sanctions from the Financial Services Authority, according to The Guardian.

London shares fell back slightly this morning as investors await the latest set of economic figures.

Cardif Pinnacle has adapted its Flexible Asset Bond for the corporate market, offering companies and their advisers an alternative to bank cash deposits.

More than two in five consumers rated after-sale service levels as ‘excellent' or ‘very good' last year, according to the ABI.

The FSA, the protector of free market capitalism in Britain, could become a hotbed of union activism if Unite, the UK's largest union, has its way, reports The Telegraph.

Employers and pension providers need to do more to raise awareness of the open market option (OMO), according to The Pensions Regulator (TPR).

LV= says IFAs should make themselves aware of the tax implications of guaranteed annuities, or their clients' tax planning precautions could be affected.