Sterling fell sharply today after Bank of England Governor Mervyn King labeled the UK economic recovery "fragile".

A series of free training courses on structured product (SP) investing has been launched by the people behind an SP comparison website.

The chief executive of part-nationalised bank Lloyds Banking Group has decided to forgo his bonus for 2009 amid the public backlash against bonuses.

Cavanagh Group, the AIM-listed IFA, has selected SEI to support its expansion strategy and transform the firm's business model in the run-up to the RDR.

Russell Investments has raided three UK insurers to find new recruits for its adviser support team.

UK pension funds recorded their highest returns for four years in 2009 - a year which also saw FTSE 100 companies rocked by record deficits.

Advisers will get the opportunity to grill leading fund managers, including Jupiter's Philip Gibbs, at the upcoming Cofunds spring conference.

Interest rates could remain on hold until 2011 but are likely to rise sharply thereafter, according to Skandia.

FundsNetwork has linked up with OBSR to create a shortlist of 16 funds for the ISA season.

Gross mortgage lending fell 32% in January compared with the previous month to hit its lowest monthly total for 10 years, figures from the Council of Mortgage Lenders (CML) show.