The ten worst offending payment protection insurance (PPI) mis-selling firms could face costs of over £55m to enable regulators to deal with the problem.
John Spence, the newly-appointed non-executive director of the Money Advice Service (MAS), was in charge of managing risk at Lloyds TSB during the height of its endowment mis-selling scandal.
An undercover investigation has revealed widespread poor and misleading advice from financial advisers at some of the highstreet's biggest name banks.
The quality of financial advice given by advisers in high street banks and building societies has come under fire after a mystery shop by consumer watchdog Which?
Financial advisers, tax planners and investment managers will be interested to learn that their expatriate client base is set for long term planning.
Shares in RBS and Lloyds fell today as Moody's downgraded the senior debt and deposit ratings of 12 UK financial institutions, and said it expects the government will allow some smaller institutions to fail.
Investec Structured Products has unveiled its latest collection of plans, which are available until 26 August 2011.