The Bank of England's Monetary Policy Committee (MPC) has held fire on its quantitative easing (QE) programme and kept interest rates at their historical low of 0.5%.
Strategic bond sales soared in December as equity funds suffered a poor end to the year, according to the latest figures from platform Cofunds.
Ascentric chief Hugo Thorman has called on the platform community to adopt a "unified voice" amid an escalating row between fund supermarket and wrap propositions.
PSigma Investment Management is relaunching its discretionary management service as the firm looks to capitalise on the adviser community's preference for outsourcing solutions ahead of the retail distribution review (RDR).
Reckless bank chiefs who damage the economy could face jail sentences under new measures under consideration by the government.
Novia has boosted its discretionary management capability by teaming up with passive manager Seven Investment Management (7IM).
Parmenion has linked up with investment management firm Arjent to offer advisers a platform-driven discretionary management solution.
Wrap platforms could see their business models "severely challenged" in 2012 as the proposed ban on platform rebates takes centre stage, said Skandia.
The Complaints Commissioner has rebuked the FSA for publishing "misleading" and "ambiguous" information about cheque clearing times on its website.