BULLY

Former Honister Capital strategy director Alan Easter has founded a financial planning and fund management businesses.

Sanlam Global Investment Solutions is launching an offshore bond designed to protect against volatile equity and bond markets.

The number of complaints related to advising, selling and arranging rocketed from 647,000 in the first half of last year to almost 1.1 million in the second half, according to figures released by the FSA today.

Advisers continue to be confused by the FSA's stance on single platform use, research suggests.

George Osborne has expressed anger that key aspects of his Budget were leaked to the media - but denied anyone from his Treasury team was responsible.

Chancellor George Osborne should merge the incoming Financial Policy Committee (FPC) with the Monetary Policy Committee (MPC) to create a "single super-committee", it has been proposed.

Bankers could see bonuses capped at twice their basic pay and forced to return "golden hellos" if they fail to perform, under draft European rules being drawn up.

Axa Wealth has said it has "resolved" functionality issues on its wrap proposition Elevate which has now reached £4bn assets under management (AUM).

Novia has expanded its discretionary fund manager range with the addition of stockbroker EFG Harris Allday to the platform.