The prolonged quarrel among 104 previous Dresdner Kleinwort investment bankers and their earlier owner regarding the non payment of the bonuses is going to be over by the end of this week. At London court the judge would declare the decision. On Wednesday the justice would be declared public ally and according to the sources this was a two years long legal case moreover now this is time of ending the case. A German lender of Commerz bank has now owned the investment bank. The investment was…

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The Financial Services Authority (FSA) revised the assumptions at the end of April that advisers have to use when calculating whether to accept the “enhanced” transferred deals offered by an ex-employer as an inducement to leave the company’s final salary pension. A Telegraph investigation in March uncovered evidence that in some cases 55pc of workers who receive financial advice were switching out of final salary schemes. The FSA also reiterated warnings that such deals were not in members’…