News

The Parliamentary Commission on Banking Standards is set to take evidence from the chairman and chief executive of Royal Bank of Scotland Group (RBS), Sir Philip Hampton and Stephen Hester,

RBS has been fined a collective £391m for its role in the LIBOR scandal, with the FSA's investigation finding over 200 "inappropriate" rate submissions.

The Financial Services Compensation Scheme (FSCS) will levy an estimated £76m on investment advisers in 2013/4, with failed firm Keydata highlighted as one of the main cases contributing to the overall bill.

Industry insiders have confirmed Friend's Life is touting for bidders for Sesame Bankhall Group as the insurer continues its broader cost-cutting and restructuring plans.

South African financial services group, Sanlam has sold its 22% stake in Punter Southall to management of the firm.

The Association of Mortgage Intermediaries (AMI)has appointed Sesame chief John Cupis as its new deputy chairman.

The Financial Services Compensation Scheme (FSCS) has paid out £136m in mis-sold payment protection insurance (PPI) claims since 2008, according to latest figures.

An overwhelming majority of consumers think investment and pension fees should be subject to a transparency law, according to a survey released today.

In this week's quick fire poll we ask: Should government do more to help drawdown savers?

IFAs have lost significant protection policy renewal income following G-Day price hikes, an adviser has said.