Investment Bank Goldman Sachs set aside $5.35bn in its third-quarter results to take its compensation pool for the first nine months of the year to $16.7bn.

The Government will not underwrite Lloyds Banking Group's planned rights issue, potentially compounding the challenge for the partly state-owned bank to raise enough capital to wriggle free of the toxic asset insurance programme.

Scottish Provident is launching a campaign for IFAs outlining how to best communicate the need for unemployment benefit.

Developing a simplified advice scheme "as fast as possible" and regulating product design are among five recommendations the Financial Services Consumer Panel (FSCP) says would improve consumer confidence in the industry.

The number of unemployed has risen again, although the rate of increase is slowing, according to figures released by the Office for National Statistics (ONS).

A series of seminars for advisers focusing on green investments is to be held in conjunction with the second National Ethical Investment Week(NEIW)

The Institute of Financial Planning (IFP) has voted in three members to the board.

Royal Bank of Scotland could be made to sell more than 300 branches by the European Commission as a penalty for receiving billions of pounds of state aid.

Kay Blair has been appointed vice chair of the Financial Services Consumer Panel (FSCP) in one of four changes announced today.

The multibillion-pound self-certification mortgage industry, in which customers are not required to provide proof of income, is set to be banned by the financial regulator.