News

Martin Wheatley has called for tougher sentencing powers for white-collar criminals to force them to cut deals and expose other colleagues, the Independent reports.

Lord Flight has continued his broadsides against the Financial Services Authority (FSA), criticising it for taking a "tough guy, macho" approach to compensate for past failures.

Life and pensions giant Prudential could see its A+ credit rating downgraded by Standard & Poor's (S&P), the FT reports.

Royal London's consumer website MoneyVista is in talks with networks to give block access to its services to help advisers better access the mass-market after the Retail Distribution Review (RDR).

The Association of Independent Financial Advisers (AIFA) has come out strongly against plans to increase the Financial Services Compensation Scheme (FSCS) levy threshold.

Consumers are increasingly aware of how much a care home costs but unaware of funding issues, according to research.

Equity fund flows surged to €1.91bn in September, the first positive monthly figure since February, Morningstar's latest European fund flows data has shown.

Hornbuckle Mitchell has won a case against an investor who claimed their due-diligence lost him £300,000 when esoteric investments held in his SIPP went wrong.

The Department for Work and Pensions will re-launch combined pension statements on 5 November after being suspended for technical updates.

The Financial Services Authority (FSA) has written to providers and platforms expressing its concerns about facilitating adviser charging payments.