The FSA today said it wants to proceed with its plan, originally mooted in March 2010, to ban payments from fund managers to platforms.

The platform policy paper will be published on Monday, the FSA said today.

As the US continues to teeter on the brink of default, France has been dragged into the global financial crisis and Germany warns the Greek bailout was a one-off…we bring you all the top stories from the nationals.

St. James's Place failed to make a profit from its distribution arm in the first half of 2011, citing the impact of the Retail Distribution Review (RDR), although group operating profit was up 13%.

The FTSE has plunged in mid-afternoon trading with banking stocks hard hit after Santander released poor results and the impasse over the US debt ceiling shows no sign of ending.

The Dow Jones closed more than 90 points lower on Tuesday amid escalating fears the US will default on its debt for the first time in its history.

The FTSE has plunged into negative territory after disappointing US jobs data reignited fears over the economic recovery.

If a single theme links the worst financial crises in history, it is the startlingly-misplaced confidence of the experts who never saw them coming...

The FSA has acted against an individual suspected of involvement in an unauthorised collective investment scheme (UCIS).

The FTSE has opened in negative territory after a gloomy assessment of the US economy pushed European shares lower.