New rules and regulations imposed by the Financial Services Authority over the past year will cost up to £1.4bn to comply with.

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MoneyVista, part of the Royal London Group, has launched a new Financial Planning tool for consumers.

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Just four per cent of the population would seek professional financial advice to improve their financial situation, according to a survey for the Institute of Financial Planning.

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The Financial Services Authority has outlined its plans for Statements of Professional Standing after fears advisers would miss the deadline.

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Lloyds Banking Group has announced its contingency plan should chief executive Antonio Horta-Osorio take longer to return.

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Half of the UK population is failing to save enough for retirement, according to the Institute of Financial Planning.

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The IFP's consumer-focused education campaign Financial Planning Week 2011 was launched today (Monday 21 Nov).

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Household debt is now almost half of average annual household income, according to Aviva.

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Wealth management group Ashcourt Rowan is to receive an £8.5m cash injection by offering shares in the company.

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Northern Rock is being sold to Richard Branson’s company Virgin Money for £747m.

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