Her Majesty's Revenue & Customs (HMRC) has issued a warning to consumers vulnerable to "unscrupulous" firms offering to help them access their pension savings early.
More than a quarter of advisers say their experiences in the period leading up to rule changes introduced following the Retail Distribution Review (RDR) were "the toughest of their lives", a new report suggests.
Banking giant HSBC has proposed reducing staff numbers by 1,149 as part of a restructure of its wealth business.
Bristol and West, which is owned by the Bank of Ireland, has lost an attempt at a Tax Tribunal to avoid paying about £30m tax on a £91m gain.
Too much regulation - instead of instilling greater trust in the financial services industry - can have the opposite effect, according to Richard Sexton, reputation and policy director at PricewaterhouseCoopers (PwC).
Skandia has launched a critical illness (CI) product as many advisers "re-prioritise" protection following changes to retail investment advice made after the Retail Distribution Review (RDR).
Novia has warned its users that basic errors like failing to use a client's full ISA allowance could lead to legal action from increasingly aggressive claims management companies (CMCs).
The Financial Conduct Authority (FCA) has intervened in a test case in which the Royal Bank of Scotland (RBS) is accused of mis-selling interest rate swaps.