Cautious Managed was the top-selling sector on Cofunds in August as advisers continue to outsource investment decisions in the run-up to the RDR.

Aegon is halving the number of its UK sales centres as part of a restructure designed to cut operating costs by 25% by the end of next year.

Online trainer WizardLearning.com has launched a range of learning tools helping advisers taking the new CII Diploma in Regulated Financial Planning.

AXA Wealth International has appointed Prudential's Richard Leeson as sales and marketing director.

Greece's economy contracted by a worse-than-expected 1.8% in the second quarter as consumers in the debt-laden country reined back spending.

A new wealth management boutique has launched with plans to acquire the businesses of retiring IFAs.

Will Roberts examines the main points of contention and asks if platforms will have enough time to adapt to the new rules before the RDR deadline at the end of 2012?

Virgin Money will base its new operations in Edinburgh where it will create 200 new jobs in a boost to the city which has suffered from large-scale job cuts.

Banning fund manager rebates runs the risk of creating "regulatory arbitrage" on a similar scale to that seen in the Indian market, warns Fidelity.

Vince Cable has voiced concerns over the appointment of Bob Diamond as the new Barclays chief executive, fuelling the row over whether big banks should be broken up.