Old Mutual has said the merger of its two UK asset management businesses could result in job losses - but denied the move is a "cost-cutting" exercise.

Nearly nine out of ten financial advisers want to see a consumer campaign launched to raise awareness on the benefits of the retail distribution review (RDR).

Britain's fall back into recession will drag on until June at the earliest and condemn the country to another lost year, economists have warned.

Barclays has seen its payment protection insurance (PPI) exposure rise by £300m in an indication other banks may also face higher bills for the mis-selling of the insurance.

RBS chief Stephen Hester has said it was "uncomfortable" to work at the bailed-out bank whilst suggesting the Government's 82% stake in the bank was slowing down its recovery.

The deVere Group has announced it is opening new UK offices and recruiting 50 financial advisers as it looks to establish a national footprint.

The fear of another financial crisis will drive regulatory thinking for the next two decades as the philosophy of light-touch regulation disappears, according to Royal London Asset Management (RLAM).

The FSA is looking to add three more qualifications to its training and competence (TC) sourcebook.

Poor corporate governance in banks must be "urgently" addressed as it can ultimately lead to their failure, Financial Services Authority (FSA) chief executive Hector Sants has said.

The Financial Services Authority (FSA) is contacting more than 75,000 people warning them they are being targeted by financial conmen in what is the largest number of potential victims it has contacted in one go.