Positive Solutions has reappeared in the Financial Ombudsman Service's (FOS) list of the top five most complained about advice firms.

A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).

State-owned Lloyds Banking Group has been hit with a £117m fine by the Financial Conduct Authority (FCA), the "largest retail fine" it has ever issued.

Liberal Democrat MP Steve Webb, who has served as pensions minister for the last five years, has lost his parliamentary seat.

Steve Webb remains "open minded but sceptical" about private income protection insurers becoming involved in the state welfare system.

The Financial Ombudsman Service (FOS) is to make further cuts to its operating budget in the coming financial year and has frozen its levy at £23.3m.

The framework for an advice profession has been clearly established by the regulator and professional bodies, it is now up to advisers to make the leap, Rory Percival told delegates.

An independent Scotland would result in its economy struggling for at least ten years, according to a poll of leading fund managers.

The Association of Professional Financial Advisers (APFA) will today meet with the Financial Conduct Authority (FCA) as it continues to push the regulator over an adviser long-stop.

Royal Bank of Scotland (RBS) will move its operations to London should Scotland vote to go independent, it has confirmed.