News

City sackings and suspensions have hit a five-year high of 1,373 affected workers, according to figures obtained from the Financial Services Authority (FSA).

The Pensions Regulator (TPR) is "playing catch-up" with automatic enrolment regulations brought in last year, the Daily Telegraph reports.

The new flat-rate state pension, set at about £144 a week and starting in April 2017, is set to be confirmed later today (Monday).

Lloyds Banking Group has fired a 'rogue trader' after it uncovered a scheme designed to inflate the executive's bonus.

SPL Guernsey, the manager of what were the Arch Cru funds, is suing the former auditor of the fund range for £3.7m for breaches of duty in relation to the fund's accounts.

Adrian Coles, the director-general of the Building Societies Association, is to step down from his role later this year.

Just 2% of advisers in the Tenet network have gone restricted, after the firm encouraged members to remain independent.

The euro has hit a nine-month high against sterling after UK industrial output grew less than expected in November.

Cofunds has extended its lead as the UK's largest platform, with assets rising to £45bn, according to the Platforum's latest pricing guide.

The Financial Ombudsman Service (FOS) has ruled that an IFA should repay an investor £150,000, the amount he recommended he invest in a troubled unregulated collective investment scheme (UCIS).