High inflation has hit the UK economy by £10bn over the past three years, according to a report from Ernst & Young (E&Y).
Customer use of mass market advice services remains limited and there is no one 'killer app' for mass market advice, according to a leading research company.
Regulators have fined companies and top bosses about £1bn for fraudulent activities since 2007, a report due out today has found.
The four largest accountancy firms in the UK have been criticised for being too dominant by the Competition Commission.
Malcolm Kerr, executive director in Ernst and Young's financial services division, gives his top predictions on what the world will look like from January 2013 and for the next four years.
Networks may only find relief from their own financial troubles by raiding other struggling businesses, according to Ernst & Young.
The UK will return to growth in the second half of the year fuelled by consumer spending power despite exports continuing to disappoint, according to Ernst & Young's latest forecast.
Phil Billingham has stepped down from his role as head of business consultancy at Threesixty, although he will continue to work with the support services provider.
British consumers feel the insurance industry lags behind others in how it addresses their needs and have given their strongest hint that greater simplicity would be welcomed.
The FSA touted it as the solution to the mass market problem, but will simplified advice be declared dead before it even gets off the ground?