IFA Centre will scale back its responsibilities as a trade body due to low resources, following a two year review of its operations.
Those with enhanced protection will be able to claim individual protection too to stop them falling to the £1.25 million level.
The Financial Conduct Authority has removed permissions from Cheshire-based advice firm SK8 Financial Services after its director failed to invest money on behalf of a client.
The Financial Conduct Authority has fined Lloyds banking Group £28 million for ‘serious failings in their controls over sales incentive schemes’.
Bromsgrove-based AFH Financial has made its sixth acquisition of the year, snapping up Bishopton-based Michael Mac Wealth Management in a deal worth up to £250,431.
The government has set out how it plans to refund consumer credit licence holders who have been hit by double charges due to regulatory changes.
Nick Marson, the director of Hargreaves Lansdown's Vantage platform, has netted over £125,000 after selling down part of his stake in the firm.
The Royal Bank of Scotland finance director Nathan Bostock is to leave the lender 10 weeks after he joined the board to join Santander, according to reports.
And General Motors became the first of the big three US carmakers to appoint a female chief executive. (Updated with Questor share tips)
Brooks Macdonald has launched an international managed portfolio service to be run out of its Channel Islands office.
Investors fret that the US Federal Reserve will soon start to cut back its stimulus programme after a breakthrough in budget talks.
All the news from across the web about the companies featured in Citywire's Top Stocks.
Healthcare stocks were among the most active after company news while utilities were the worst performer.
The Association of Professional Advisers is lobbying the Financial Conduct Authority to clarify what qualifies an adviser to need a consumer credit licence.
Former financial adviser David Jeffs has been sentenced to life imprisonment, with a minimum sentence of 24 years, for murder.
Invesco has dumped its entire stake in one of Neil Woodford’s favoured smaller companies, and has begun trimming others.
But 'the Ghost of Christmas Past should not be forgotten,' warns Bank of England governor.
New or tighter rules may not be the best way to stop financial misdemeanours, according to Financial Conduct Authority chief executive Martin Wheatley.
FTSE 100 struggles to take off despite gains on Wall Street overnight and more mixed data on China's economy.
Outflows from Neil Woodford’s Invesco Perpetual Income and High Income funds have hit nearly £2 billion since the star fund manager announced his departure, according to reports.