Peter Hargreaves, the co-founder and former CEO of Hargreaves Lansdown, has been given a CBE in the New Year's Honours list, while former Bank of England (BoE) deputy governor Paul Tucker has been knighted.

Four former bosses of collapsed Icelandic bank Kaupthing - including its chief executive and chairman - have been jailed for between three and five years in the heaviest sentences for financial fraud in Iceland's history.

Brooks Macdonald International has launched a managed portfolio service for advisers' international investors.

Bank of England Governor Mark Carney will act to prevent the housing market growing at 'warp speed', and said there are economic tools he can use other than keeping interest rates low.

The government has today unveiled what it said was an unprecedented package of measures to tackle tax avoidance, evasion, fraud and error.

Non-residents will have to pay capital gains tax (CGT) on residential property sales in the UK from April 2015, reversing the current rule, George Osborne announced today.

RETREAT!

More than 40 advisory firms have made the shortlist for the Professional Adviser Awards 2014. Is yours on the list?

The swell of new regulation in financial services "frightens" people away from seeking financial advice, while the proliferation of various fee structures is proving a "nightmare" for those who do engage, according to St James's Place CEO David Bellamy....

Paul Flowers, the former chairman of the Co-op Bank filmed apparently paying for drugs, has been arrested in connection with a "drugs supply investigation", according to reports.