An accounting write-down and the after effects of previous acquisitions resulted in a £1.9m pre-tax loss for Perspective Financial Group in 2011, although the consolidator's revenues were up 56%.

The chief executive of Royal Bank of Scotland has predicted the business may restart dividend payments to shareholders after 2013, by which time its restructuring phase should be complete.

Deputy Prime Minister Nick Clegg has called for benefits such as free television licences, winter fuel payments and bus passes to be taken away from wealthy pensioners.

Controversial plans for a ‘pensions for mortgages' scheme could be in place by Easter, according to pensions minister Steve Webb.

One of the most influential Liberal Democrat members of the coalition has insisted the party will continue to argue for a mansion tax, targeting "unearned wealth".

Fidelity FundsNetwork will roll out its Retail Distribution Review (RDR) ready adviser fees service on 8 October, facilitating ongoing, initial and specified fees.

A Financial Ombudsman Service executive has urged firms to "embrace, encourage and celebrate" complaints, arguing they need to plan for imperfections.

Vince Cable has launched another broadside against banks, branding them as ‘anti-business' and slamming them for their "greed and stupidity".

More than a quarter of firms are currently charging a monthly retainer for their services, research suggests.

The Financial Services Authority (FSA) has charged a trader with seven offences, including fraud and forgery, relating to an unauthorised investment scheme he operated.