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The Financial Services Authority's (FSA's) move on self-invested personal pension (SIPP) disclosure rules poses a major challenge to all providers and adds no value for consumers, John Moret has said.

UK think-tank NIESR has revised down its growth forecast for the UK next year, despite a strong third quarter which has seen the economy emerge from recession.

Keith Churchouse, director of Chapters Financial, plans to launch a simplified advice platform in the New Year after earlier putting the project on hold.

Royal Bank of Scotland has posted a pre-tax loss of £1.2bn in the third quarter, as it sets aside a further £400m to cover claims related to the mis-selling of payment protection insurance (PPI).

A decision by the Financial Services Authority (FSA) to cut the lower projection rate for some investment products to 2% could deter many consumers from saving, provider LV= said.

Pension and severance payments totalling £412,000 handed to the former chief executive of the Serious Fraud Office (SFO) have been ruled "irregular" by the National Audit Office (NAO).

Merchant House chief executive Christopher Day has stepped down with immediate effect.

The soaring share price of Lions Gate Entertainment and Disney's $4bn acquisition of Lucasfilm demonstrate the increasing power of content providers, according to Alliance Trust Asset Management's Justin Atkinson.

The Financial Services Compensation Scheme (FSCS) will accept customer claims for compensation against Rockingham Independent after declaring it in default - though it remains unsure whether it will process claims related to sales of bonds issued by ARM...