Wealth managers

Honister Capital and its IFA networks Sage Financial, Honister Partners and Burns Anderson have defaulted, the Financial Services Compensation Scheme (FSCS) announced today.

The directors of the troubled £400m Caribbean property investment scheme run by Harlequin Property have been issued with a High Court order freezing their personal assets up to £1.1m.

A significant minority of investors at Prudential have voted against chief executive Tidjane Thiam's 2012 pay deal, delivering a rebuke to leadership already under fire for their handling of a failed Asian takeover.

The government has launched a consultation on allowing the transfer of existing savings from Child Trust Fund (CTF) accounts into Junior ISAs (JISAs).

Respect MP George Galloway has joined with the IFA Centre to rally all 650 members of Parliament to fight for compensation for Arch cru investors.

Ratings agency Moody's has downgraded the Co-operative Bank's debt rating - prompting the exit of its chief executive - after warning the group may need to raise £1bn.

The Financial Conduct Authority (FCA) is probing asset managers' use of "transition management" services over concerns end investors' interests are being disregarded.

More consumer protection, a £144 flat-rate state pension and a cap on social care costs were among the measures outlined in today's Queen's Speech.

A man and a woman have been arrested in connection with a Financial Conduct Authority (FCA) investigation into insider dealing.

The Financial Services Authority (FSA) was ineffective in its role as overseer of the financial services sector because it failed to deliver a good balance of 'prudential' and 'conduct' regulation, according to the chief executive of the Prudential Regulation...