Investment General

The Financial Services Authority (FSA) has confirmed Pritchard Stockbrokers has gone into administration.

Investors who enjoy a flutter might be drawn to the 0.1% bonus being offered on Santander's Major ISA in the event of Northern Irish golfer Rory McIlroy winning a major tournament over the next two years.

The highest rate offered on fixed-term five-year cash ISAs is down 10% on last year, from 5% to 4.5%, according to a comparison report released today.

An adviser has criticised Barclays Wealth for what he says have been "ridiculous" delays transferring a client's portfolio.

Financier Allen Stanford faces up to 20 years in prison after being found guilty of orchestrating a $7bn Ponzi scheme.

Financial services and platform provider True Potential has made a lifestyle planning tool available to its 4,000 IFA users.

The UK's failed lenders, Northern Rock and Bradford & Bingley, today reported total profit for 2011 had surged 145% to almost £1.1bn.

British taxpayers have wasted £88.6bn in tax relief over the last decade, and will waste a further £12.6bn in 2012 alone, a new report suggests.

Honister Capital group chief executive Richard Pearson is to step down after just a year in the role.

Nicola Horlick, chief executive of Bramdean Asset Management, has joined forces with two 3i alumni to launch a new investment business.