MPs have warned of next major mis-selling scandal
Financial services worst hit
Does the govt want to resurrect banks' advice role?
A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).
The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.
Lloyds Banking Group has been hit with a record £117m fine by the Financial Conduct Authority for mishandling of payment protection product complaints.
Royal Bank of Scotland (RBS) is preparing shareholders for the government to sell down its 79% stake in the lender by asking them to vote on costs related to a sale at its annual general meeting.
Economist and creator of the term 'BRICs' Jim O'Neill is to become a Treasury minister in the new government.
This morning, China Construction Bank International (CCBI) launched the first ever ETF to be domiciled in the UK, but will others follow suit?
The Treasury Select Committee has called for an inquiry into the initiation of a criminal investigation over the Bank of England's financial crisis liquidity auctions.
The government has launched a review of how it calculates business rates, saying it wants to modernise the tax which is collected from businesses across England, including financial advisers.
Consumer champion Which? was one of just two organisations told about the pension reforms before last year's Budget, the organisation's executive director has said.
The Financial Conduct Authority (FCA) must establish a ‘second line of defence' for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.
After the forex fine
A series of unfortunate events
Climbing the wall of worry
The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.
Core government bond yields have tumbled this afternoon, as investors rush back to safe havens and stocks slump amid widespread selling.
The Treasury is to give savers more freedom on how they can take their tax-free lump sums from pension pots, with new rules allowing savers to take a portion of their pension out at any time.
The UK's blue chip index has shed 100 points to drop below 6,350, hitting a fresh 12-month low at the end of a volatile week for equity markets.
Chancellor George Osborne is set to rule out a sale of Lloyds Banking Group shares to retail investors before next year's general election, according to reports.
Taxing times: Good and bad tax avoidance
The Chancellor is set to announce plans to clamp down on traders who manipulate markets, while establishing a review of how these markets operate.
Given the nature of the financial crisis and the depth of the accompanying recession, the recovery process was always going to be a hard grind.