Professional Adviser's Rahul Odedra asked a handful of readers to share some of their favourite investment reads, and the titles they would recommend to clients...

It drew a gasp from the room full of financial advisers when it was shown to them yesterday.

Standard Life today said 39 jobs may be at risk as it moves to streamline its retail, corporate, risk and marketing divisions.

Rupert Murdoch insisted he bears no responsibility for the phone-hacking scandal which has enveloped his empire in a dramatic evidence session in Parliament, during which a member of the public attacked him.

Markets have remained down this afternoon as the negative reaction to European bank stress tests continue to drag on the FTSE 100.

IFAonline asked three advisers which book, if any, they would recommend as a starting point for clients interested in the world of finance.

The Financial Services Authority (FSA) should increase salaries by 50% at its successor agencies in order to prevent employees moving in to the private sector, according to one headhunting consultancy.

The RDR finally gets some column inches in the mainstream media, while fund managers are becoming increasingly cautious in a particularly volatile bull market. It's IFAonline's round-up of the weekend's national newspapers...

And five big stories this week were...

Co-operative Financial Services (CFS) is exiting the financial advice arena, with the expected loss of 670 field-based advisory roles, it announced today.