George Osborne is considering a new tax raid on the pension contributions of richer voters, after rejecting the idea of a "wealth tax" based on higher council rates for luxury homes and apartments.

The Financial Ombudsman Service (FOS) has revealed that it is awaiting a lead decision on investments in failed firm Keydata before it decides the fate of thousands of investors seeking redress.

Five years on and the financial crisis shows no sign of ending. But many investors, understandably fearing the prospect of further shocks, are looking in all the wrong places, says Tim Price, investment director at PFP Wealth Management.

The Financial Services Authority (FSA) has issued its joint largest retail fine of £10.5m to Card Protection Plan Limited (CPP) for mis-selling insurance products.

Resolution Group has reported new business of £138m for the first nine months of the year, up 45% from £95m for the same period last year, led by the company's UK operations.

The Financial Services Authority (FSA) has brought cases against Arch Financial Products and the company's chief executive Robin Farrell and chief operating officer Robert Addison.

Victims of Bernard Madoff's Ponzi scheme are set to receive proceeds from a $210m settlement between a Bank of New York Mellon advisory firm subsidiary and US authorities, the New York attorney-general has said.

Pensioners and savers are being deprived of thousands of pounds through high management fees that are often hidden, according to leaked advice provided by consultants to the Treasury.

The Financial Services Authority (FSA) has banned and fined a former client adviser at UBS AG £150,000 for failing to act with integrity.

Capita Financial Managers has published its most up-to-date figures for the total return - and loss - investors in each of the Arch cru funds can expect.