Barclays is closing Woolwich Plan Managers as it rolls out its structured investment products on third party platforms.
Royal London Asset Management (RLAM) has appointed Rob Williams as head of distribution.
Most workers are unaware they will have to pay for financial advice after the Retail Distribution Review (RDR) is implemented, according to Canada Life.
Solvency II-style capital requirements for pension schemes could cost employers £350bn, cut 180,000 jobs from the economy and cut the value of pensions, the Confederation of British Industry (CBI) has warned.
Standard Life has updated its Retail Distribution Review (RDR) offering with the addition of adviser charging on Standard Life Retail International Bond and annuities.
Novia has switched to its retail distribution review (RDR)-compliant model, effective immediately.
The taxman is investigating a "serious fraud" which allegedly involves Gordon Ramsay's restaurant business.
A transatlantic banking watchdog would protect American and British taxpayers from bailing out banks which are too big to fail, under new plans.
Fidelity's Anthony Bolton has predicted a turnaround in China next year as the economic cycle shifts in the country's favour.
HSBC and Standard Chartered have agreed record settlements over money laundering allegations as the former agrees to pay $1.9bn to US regulators.