The FSA has finalised its guidance on when firms can (and can not) receive commission post-Retail Distribution Review (RDR).
The FSA has issued updated guidance on firms' use of distributor-influenced funds (DIFs).
Prudential is considering moving its headquarters out of the UK, partly as a response to what it fears may be an "adverse outcome" on Solvency II.
The FSA's acting enforcement head, Tracey McDermott, said the financial services industry is failing to heed the lessons of previous failures and "has no-one but itself to blame" for low consumer confidence in the sector.
Wealth manager St James's Place (SJP) has reported a 30% rise in profits for 2011.
A marked rise in net fee income in its investment management division helped Rathbone Brothers post a 30% increase in profits in 2011.
The Financial Services Authority (FSA) has referred Catalyst Investment Group, the UK marketing and distribution agent for ARM Asset Backed Securities, to its enforcement and financial crime division, according to reports.
Rathbone Unit Trust Management is to launch RDR-ready 'institutional' share classes across its fund range from 1 March.
The UK's prized triple-A credit rating was under threat last night after US ratings agency Moody's put it on negative outlook, citing pressures from the eurozone.
Hargreaves Lansdown today said it delivered record underlying profits of £72m in the second half of last year.