Property continued to top the retail best seller table in November for the second month running in what proved a bumper period for fund inflows, according to IMA figures.

Bernard Madoff's London-based investment business has been formally placed into liquidation, in a move that could shed new light on the fraudster's operations, according to The Sunday Times.

An FSA investigation into the problems at Britain's failed banks has revealed a litany of internal breakdowns and flawed controls that masked the full extent of their failings, according to The Sunday Times.

Almost a quarter of voters in Iceland have signed a petition against plans to repay money lost by foreigners when Icesave, the internet banking arm of Landsbanki, collapsed in October 2008.

House prices rose 5.9% in 2009 after a decade in which property values more than doubled, according to Nationwide Building Society figures.

Loretta Minghella, chief executive of the Financial Services Compensation Scheme (FSCS), has been awarded an OBE in the Queen's 2010 New Year Honours list.

Clive Briault, the former MD of the FSA's retail business, says it could be tough for adviser firms to meet the 2012 RDR implementation deadline, especially if they have not started preparations already.

A possible 60% of the 60,000 advisers captured under the scope of the RDR face additional costs of £175 per adviser following new proposals out today.

The FSA is proposing to change the definition of an "existing adviser" to a person deemed competent on 30 June 2009 rather than the end of 2010.

Jupiter has the most funds on Cofunds' eagerly-awaited OBSR Researched Funds Panel with 10 vehicles making the grade.