Politicians in Cyprus are considering exempting bank accounts with deposits of 20,000 euros (£17,000) or less from the planned country-wide levy.

Most people don't know what investment management is and even fewer understand what asset managers do.

James Hay Partnership has started quoting drawdown business at 120% GAD before legislation is changed on 26 March.

Politicians in Cyprus are to hold an emergency parliamentary session to debate the 10bn-euro bailout which has angered the public.

Chancellor George Osborne is to bring forward the introduction of the flat-rate state pension and the cap on social care by a year.

More than 20 fund management groups are to set to make a formal offer to buy 315 Royal Bank of Scotland (RBS) branches, the Sunday Times reports.

The ex-boss of the Serious Fraud Office (SFO) has been attacked by a panel of MPs over his 'shocking' stewardship of the organisation.

Barclays chief executive Antony Jenkins has suggested the growing automation of the banking system could result in massive job losses over the next ten years.

The LV= with-profits fund achieved an investment return of 9.9% in 2012 while bonus rates for policyholders have been held or cut, the firm has confirmed.

Sterling has jumped against the dollar, reversing this morning's losses, after the Bank of England's Monetary Policy Committee (MPC) voted to keep its quantitative easing programme unchanged at £375bn.