News

Providers including banks and insurance companies may be forced to part-fund compensation costs sparked by the failure of intermediaries, after the Financial Services Authority (FSA) re-drafted proposals on funding the Financial Services Compensation...

Mark Skinner, director of European retail at Henderson, has left the business as part of the latest re-shuffle at the asset manager.

Invesco Perpetual has announced Mark Armour will take over as CEO at the end of this year, following the retirement of James Robertson.

Newcastle Financial Services (NFS), a subsidiary of Newcastle Building Society has renewed its contract with the Openwork network for a further five years.

The pound has weakened against the euro, falling below €1.20 for the first time in more than nine months.

The Financial Services Authority (FSA) failed consumers and the Financial Conduct Authority (FCA) must take a "radically different approach" to regulation, a group of influential MPs has said.

Barclays Bank staff who do not feel they can commit to new a new code of ethics should leave, its new CEO has said.

Capita Financial Software has entered the increasingly competitive risk-profiling market with the launch of its Synaptic Modeller tool.

The Financial Ombudsman Service (FOS) has made a provisional ruling that a financial adviser working for AWD Chase de Vere was wrong to invest almost £80,000 of an 80-year-old's pension in failed fund Keydata.

The European Union has launched a competition to find the latest dangerous financial product, in an attempt to unearth the next mis-selling scandal.