Hargreaves Lansdown is planning to cut its Wealth 150 list down to as few as 30 funds as it looks to adapt to the new pricing world post-RDR.
Spanish boutique asset manager March Gestión de Fondos (MFG) has gained FSA approval to distribute its three flagship funds to the UK market.
Former HBOS chief executive Sir James Crosby is to give up his knighthood, according to reports.
The Banking Standards Commission has asked the Financial Services Authority (FSA) to consider if three former HBOS bankers should be barred from future roles in the financial sector.
Last week Her Majesty's Revenue & Customs (HMRC) confirmed the widely expected decision it will be taxing fund rebates paid to consumers, as it considers such payments to be income.
The senior executives of collapsed bank HBOS will come under fire from MPs on Thursday with the publication of a damning report on the failed bank.
Tidjane Thiam, chief executive of Prudential, is in line for a £7m share jackpot despite receiving a personal rebuke last week from City regulators.
The Financial Services Authority (FSA) ceased operation yesterday and was replaced by two separate new regulators.