(Updated 9:15am) Asian indices fell overnight, mirroring losses in the US and Europe, over fears about the impact a Greek exit from the single currency could have on the rest of the region.

Legal & General (L&G) has named group chief financial officer Nigel Wilson as its new chief executive, replacing the outgoing Tim Breedon, who departs from the role next month.

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Aegon-owned national IFAs Positive Solutions and Origen have reported a combined £1m loss in the first quarter of the year, down from £2m in the final three months of 2011.

Hundreds of thousands of public sector workers are expected to join a 24-hour strike on Thursday against proposed pension changes.

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The financial planning arm of insurance consultants Jelf Group has reported a small loss for the six months to the end of March, as the company invests in preparing for the Retail Distribution Review (RDR).

Senior Liberal Democrats believe the party may have to "disengage" from government early to avoid a heavy defeat at the next general election in 2015, according to reports.

IFA and discretionary investment manager AFH Financial Group has entered into a joint venture with South Wales-based chartered accountants Broomfield & Alexander.

Insurance giant Aviva has announced that its chief executive, Andrew Moss, is to leave the group with immediate effect.