News

A former independent financial adviser who set up a "no-risk gambling" Ponzi scheme has pleaded guilty to five counts of fraud.

Dentons Holdings group, which includes Dentons Pensions Management, has launched a legal arm specialising in property and conveyancing.

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Fears the UK economy is heading for a period of deflation have increased after the inflation rate dropped to zero for the first time since records began.

The Financial Conduct Authority (FCA) is to review the suitability of retirement advice following the pension ‘freedoms' set to be introduced next month.

The regulator has encouraged people to seek independent financial advice if approached about investing their pension, as it warned of a rise in investment scamming ahead of the pensions freedom coming into force in April.

The Financial Conduct Authority (FCA) is set to be heavily criticised over its decision to leak details of an upcoming insurance probe to a national newspaper, inadvertently causing shares in several major life companies to plummet, according to reports....

The Money Advice Service (MAS) will have its budget slashed and must be made more accountable to those regulated firms who pay for it, an independent report has said following complaints from levy payers.

Two ex-directors of failed adviser TailorMade Independent (TMI) - the main distributor of £400m troubled unregulated property scheme Harlequin - have been banned and fined by the regulator for not assessing the suitability of clients' investments made...

Sterling slumped against the US dollar after the Bank of England's chief economist Andy Haldane said the UK has an equal chance of seeing a rate cut as a rate hike, contrary to consensus expectations.