The Serious Fraud Office (SFO) is investigating the suspended £120m Axiom Legal Financing fund and its founder Tim Schools, Professional Adviser understands.

Almost £5bn flew into ISAs in the space of only a month as savers rushed to take advantage of new rules allowing them to save up to £15,000 tax free.

Britain's economic recovery will be at risk if Scotland votes for independence next month, the president of Britain's biggest business lobby has warned.

The Financial Conduct Authority (FCA) has fined the director of a London advice firm £350,000 and banned him from practising for mis-selling high risk unregulated collective investment schemes (UCIS).

More than 130 businesses have signed a letter saying the business case for Scottish independence "has not been made".

The Financial Conduct Authority (FCA) has fined Royal Bank of Scotland and Natwest Bank £14.5m for failings in their mortgage advice.

Scotland voting yes to independence from the rest of the UK would be a "disaster" Novia chief executive - and Scot - Bill Vasilieff has said, less than a month before the referendum.

Aegon UK has given the role of managing director of its non-advised direct to consumer service Retiready to David Beattie, as part of a management reshuffle.

The chair of the Financial Services Consumer Panel (FSCP) has offered harsh criticism of firms' efforts to improve how they deal with clients, saying most have not embraced the idea of treating customers fairly.

Bank of Scotland has been unfairly double billing customers who fell behind on their mortgages, a High Court judge in Belfast has ruled.