New rules and regulations imposed by the Financial Services Authority over the past year will cost up to £1.4bn to comply with.
MoneyVista, part of the Royal London Group, has launched a new Financial Planning tool for consumers.
Just four per cent of the population would seek professional financial advice to improve their financial situation, according to a survey for the Institute of Financial Planning.
The Financial Services Authority has outlined its plans for Statements of Professional Standing after fears advisers would miss the deadline.
Lloyds Banking Group has announced its contingency plan should chief executive Antonio Horta-Osorio take longer to return.
Half of the UK population is failing to save enough for retirement, according to the Institute of Financial Planning.
The IFP's consumer-focused education campaign Financial Planning Week 2011 was launched today (Monday 21 Nov).
Household debt is now almost half of average annual household income, according to Aviva.
Wealth management group Ashcourt Rowan is to receive an £8.5m cash injection by offering shares in the company.
Northern Rock is being sold to Richard Branson’s company Virgin Money for £747m.