Firms are approaching risk management purely as a way to deal with negative outcomes rather than as a means of creating profitable opportunities, a survey of Chartered Insurance Institute (CII) members suggests.
The Financial Services Compensation Scheme (FSCS) has compensated 530 members of the Millom and District Credit Union following its collapse last week.
Will-writing will remain unregulated so it's never been more important to ensure yours fits the bill.
The Financial Services Compensation Scheme (FSCS) has detailed how it plans to distribute recoveries it anticipates to receive from Lifemark SA, a bond provider whose products were marketed in the UK by collapsed firm Keydata, with investment advisers...
A failure by HM Revenue & Customs (HMRC) to reduce errors and fraud in the tax credit system has "cost the taxpayer dear", a group of MPs said, after the tax authority admitted it would miss its target by £5bn.
Divisional director of financial services at market research company GfK, Martin Grimwood, argues that servicing the mass market may mean advisers have to accept providers contacting their clients directly.
The Financial Services Complaints Commissioner has dismissed a complaint by a group of London traders against the Financial Services Authority (FSA) for its handling of alleged market abuse on a number of exchanges dating as far back as 2007.