The FSA's chairman, Lord Turner, has warned bankers radical changes in regulation are essential in order to avoid future crises.
The Serious Fraud Office (SFO) says it has frozen $100m of assets in London, connected with Sir Allen Stanford's suspected $7bn fraud.
Employers are saving up to £4.53bn a year in pension contributions as millions of employees withdraw from final salary schemes, MGM Advantage research reveals.
House prices in the UK rose by 1.1% between the first and second quarter of this year, according to new statistics.
The Serious Fraud Office (SFO) says it has frozen $100m of assets in London in connection with Sir Allen Stanford's suspected $7bn fraud.
Chief financial ombudsman, Walter Merricks, has announced hill be step down, after ten years with the Financial Ombudsman Service (FOS).
A majority of with-profits investors are unhappy with the performance of their fund, and more than one million say they will not invest in with-profits again, according to Managing Partners Limited (MPL).
Acquirers of adviser firms favour those which have at least 30% of their revenue coming from recurring business, a J.P.Morgan report suggests.
Firms wishing to obtain Corporate Chartered status will need to meet broader and stricter criteria after the Chartered Insurance Institute (CII) toughened its eligibility rules.
Net lending increased by just £0.6bn in May compared to an April increase of £1.1bn, figures from the Bank of England show.