Money Advice Service (MAS) chairmn Gerard Lemos has defended the organisation against the torrent of criticism it has received, insisting it is "crap".
Lord Turner, the chairman of the Financial Services Authority (FSA), has admitted the £350,000 remuneration package offered to Money Advice Service (MAS) chief executive Tony Hobman was "a bit too high".
Banks should use the row over the sail of complex financial instruments to small businesses to overhaul their customer relationships and link pay to customer service, according to Hector Sants.
The Financial Services Authority (FSA) has admitted it had concerns about the way in which the industry was being asked to fund the Money Advice Service (MAS), although is hand was forced by the Treasury.
Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.
Chris Read discusses the potential challenges around pension illustrations