Bestinvest has recruited former UBS head of operations Donald Reid as chief operating officer.

The Consumer Protection and Markets Authority (CPMA) will follow the same strategy as the Labour-built FSA it is set to replace, the Treasury says today.

The Lighthouse Group has appointed Roger Sanders OBE as managing director of its employee benefits division.

AIFA has rejected an application by the IFA Defence Union's Evan Owen to replace Chris Cummings as director general.

A false insurance claim made by a shoplifter for injuries sustained in a police chase contributed to the highest level of insurance fraud last year.

Several of Spain's 18 savings banks have failed tests to see how they would cope with worsened economic conditions, according to reports.

The Chartered Insurance Institute (CII) has elected Allianz Commercial general manager Chris Hanks as president, replacing Barry Smith.

Two men have been jailed over a boiler room scam in which they creamed off 80% of the invested funds.

The maximum award the financial Ombudsman (FOS) could order firms to pay in client redress may double to £200,000, a City law firm suggests.

Auditors are too trusting of managers' explanations of financial reporting when looking into company accounts, the Audit Inspection Committee (AIU) says.