The UK economy is heading in the right direction but there are a "number of years to go" before a full-blown recovery can be called, Bank of England (BoE) chief economist Spencer Dale has said.

Resolution is in talks over a possible sale of its European private and corporate client wealth planning division, Lombard.

MPs are calling for further pressure to be placed on pension fund managers to reveal the full extent of their charges on investors.

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Aviva has reported new business growth of 5% in its core UK life operation for the first nine months of 2013, as the group continues its transformation following a difficult period in which its share price fell and an investor revolt led to the departure...

Former Charlton Athletic FC footballer Richard Rufus, who later began a career as a 'financial consultant', has been declared bankrupt.

Some asset managers and platforms are displaying 'common weaknesses' in their defences against money laundering, bribery and corruption, the Financial Conduct Authority (FCA) has said.

The Financial Conduct Authority (FCA) has fined co-operative banking group Rabobank £105m for its role in the LIBOR rate-fixing scandal, with the group paying over $1bn in fines in total.

AXA Wealth recorded a 45% rise in assets under management at its Elevate platform in the third quarter of the year, helping the group push its overall assets toward £25bn.

The Association of British Insurers (ABI) has announced that three members of its executive team, including Stephen Gay and Maggie Craig, are to leave the trade body.