An IFA is fighting to get a client's money back after Abbey Life automatically annuitised their pension pot without their knowledge.

The Financial Services Authority (FSA) is forcing HSBC to improve its money laundering safeguards after the bank was fined $1.9bn by US regulators for breaches, the largest fine paid in such a case.

The director of two ‘green' finance firms which allegedly took more than £1.2m from investors has been charged with fraud.

The taxman is investigating a "serious fraud" which allegedly involves Gordon Ramsay's restaurant business.

A transatlantic banking watchdog would protect American and British taxpayers from bailing out banks which are too big to fail, under new plans.

The impact of the Retail Distribution Review (RDR) will not be felt by many consumers until the middle of next year when they make their half yearly visit to their adviser, potentially building up a bottleneck of discussions about fees, Prudential has...

Brooks Macdonald Funds (BMF) has introduced a clean share class across its fund range.

The Financial Services Authority (FSA) has fined ex-sub-prime lender Cheshire Mortgage Corporation Limited (CMCL) and two of its directors for mortgage sales failings leading to compensation for more than 2,000 customers.

A boiler room money launderer has been ordered by the court to repay £320,000 in ill-gotten gains.

A former IFA who was banned for incorrectly promoting unregulated collective investment schemes (UCIS) has warned an UCIS "arms race" is building up among some providers and advisers to pile investors into the high commission schemes before the introduction...