Who moved where in another busy week in financial services?

Growth in the UK has deteriorated for the sixth consecutive month while the global recovery has peaked, according to the Organisation for Economic Co-operation and Development (OECD).

Who moved where in another busy week in financial services...

The national newspapers spared front-page column inches to talk of a 'Credit Crunch 2' on Friday after a global sell-off wiped trillions off the value of equities worldwide.

Prudential saw a first-half boost in sales thanks largely to a 20% jump in corporate pensions new business, but inflows at the group's investment business fell sharply.

The FTSE is on track to hit its lowest closing level in almost a year amid fresh warnings the eurozone crisis will engulf Italy and Spain.

A decision by the FSA to delay a requirement for advisory firms to hold more capital has been broadly welcomed by the industry, but one IFA has questioned the motive behind the move.

Update (3pm): The Dow Jones dropped 35 points in early US trading on Wednesday after better-than-forcast employment figures had momentarily lifted investor sentiment.

Life insurer Legal & General (L&G) posted better-than-expected first-half results on Wednesday, helped by strong performance at its investment management and international divisions.

David Ferguson, CEO of Nucleus Financial Group, sees only good news in this week's platforms Policy Statement.