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The Financial Services Compensation Scheme (FSCS) has declared 13 financial advice firms in default and invited customers to come forward with their claims.

The Financial Services Compensation Scheme (FSCS)has paid out £550,000 to date to investors affected by the collapse of Honister Capital.

Network Intrinsic is set to buy national IFA firm Positive Solutions from parent company Aegon.

The Personal Finance Society (PFS) has called for a better recognition of the rising standards in the professional advice community on the back of recently published complaints figures.

Paul Pettitt looks at where the industry is with re-registration of assets and where it could be by the year-end.

A tax avoidance scheme which routed profits of a tax advisory business through employee benefit trusts has been closed by a tribunal.

The Financial Conduct Authority (FCA) has fined Xcap Securities, a retail investment and capital markets business, £120,900 for failing to adequately protect client money and client assets.

Charles Stanley has raised its final dividend by 4.4% after reporting an 8% increase in adjusted pre-tax profit for 2012-13.

Lloyds Banking Group has admitted to failings in its handling of payment protection insurance (PPI) complaints, following an undercover investigation.

Network Tenet has reported a loss of £4.4m after making a £4.5m provision for claims relating to Arch Cru and Keydata.