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Latest News

FTSE falls as Unilever adds to retail woes

Weak third quarter figures from consumer goods giant Unilever and a fall in consumer spending add to the caution over the UK economy.

FCA plans to ban and fine IFA £290k over Ucis advice

The Financial Conduct Authority has outlined plans to ban and fine a former financial adviser £290,000 over 'recklessly' recommending high risk investments to his clients.

IFAs should stop complaining about guidance costs, says Aviva

John Lawson says advisers need to focus on benefits and not the cost of the service.

Lloyds to cut 9,000 jobs following strategic review

Lloyds Banking Group is set to cut around 10% of its workforce over the next three years.

TSC: Co-op leadership was an 'accident waiting to happen'

TSC chair blasts Co-op, FSA and KPMG in 'Project Verde' report.

Overnight Markets: Wall Street retreats amid drop in oil prices

Biogen Idec fell 5.4% after sales of its multiple sclerosis drug, Tecfidera, fell short of lofty expectations.

Thursday Papers: GSK looks at potential float of HIV unit

And China’s outbound direct investment is for the first time set to exceed investment into the country.

Apfa sees surplus drop 75% as providers pull payments

The Association of Professional Financial Advisers has reported a 75% fall in its surplus to £29,118 as provider support declines.

Good US results stub out BAT blues and lift FTSE

World markets strengthened again, with the FTSE 100 up 25 points, following more encouraging company news from the US.

Gov't to abolish short service refunds in October 2015

Steve Webb has announced that in October 2015, short service refunds will be abolished.