Wealth managers

Pension and severance payments totalling £412,000 handed to the former chief executive of the Serious Fraud Office (SFO) have been ruled "irregular" by the National Audit Office (NAO).

High street bank staff who missed sales targets were named and shamed, forced to work late and threatened with the sack, according to the Unite union.

Legal & General has said it is preparing to launch its RDR proposition on 19 November as it announces interim results for the first nine months of the year.

US regulators have proposed a $470m fine for Barclays after the bank was found to have manipulated the American electricity market.

Incidences of whistle-blowing to the Financial Services Authority (FSA) have increased markedly since the onset of the financial crisis four years ago, figures suggest.

A care home group is suing Barclays for £37m over the rigging of LIBOR in a landmark case which could force the bank to disclose the names of managers involved in the scandal.

The Financial Services Authority (FSA) is to set the income threshold under which firms will only have to pay the minimum annual fee at £100,000.

A financial adviser has been banned and fined £117,330 for mis-selling unregulated collective investment schemes (UCIS).

UCIS

An adviser has had his application to become an approved person rejected because of his failure to disclose past convictions and a prosecution for mortgage fraud.