The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.

The Financial Conduct Authority (FCA) has outlined a number of good and bad practice scenarios around the design and delivery of ongoing advice.

Lloyds and Royal Bank of Scotland have fallen short in Bank of England tests to determine their resilience in the event of a new financial crisis, while the Co-operative Bank has been ordered to submit a new capital plan.

Annuity providers need to make significant improvements to the quality of their written and telephone communications if customer outcomes are to be improved, according to the Financial Conduct Authority's (FCA) review of the sector.

Small firms engaging in poor practice stand a better chance of getting caught by the Financial Conduct Authority (FCA) under the new regulatory framework as the regulator has shifted its focus on its thematic work, according to a consultancy.

Woodford Investment Management has brought in a new head of operations after the departure of two senior executives less than a year after the business launched.

Rayner Spencer Mills Research's Ken Rayner looks back on a year in fixed income markets, and considers what 2015 may hold for bond funds as interest rate rises loom large.

Hasley Investment Management has relaunched under the name 8AM Global, with a restructured fund range, as former Miton manager Tom McGrath becomes a partner in the business.

Advisers have welcomed the Chancellor's overhaul of the taxation system around buying property, saying it is an "ingenious" idea that will benefit the majority of clients.

The world's second largest fund manager is calling for an improvement in the relationship between company directors and shareholders, on concerns about global corporate governance.