Axa Wealth is developing a consumer-driven version of Elevate which will allow advisers' clients to transact directly on the platform.

The retail sector is bearing the brunt of FSA fines in an indication it is being targeted by a retail-focused regulator, said compliance firm Wolters Kluwer Financial Services.

Ascentric sales and marketing director Richard Goodall has resigned after two years with the business.

Bestinvest has appointed former UBS man Gareth Lewis as head of investment management.

(Updated 2:30pm) Banks are continuing to take the brunt of the latest market sell-off as fresh fears of a European banking crisis emerged on Monday.

Skandia has hit out at FundsNetwork's decision to disclose its fees, suggesting the move was prompted by a desire to placate B2C investors.

Barclays Wealth has linked with Intrinsic Financial Services to become the firm's preferred supplier of structured investments.

Whilst the president of the European Commission remains upbeat on Europe's economic credentials, the IMF warns of a worrying global downward spiral and RBS faces the prospect of a billion-dollar damages bill. We round up today's papers for you.

A bogus financial adviser who fraudulently manipulated his "clients'" pension funds to avoid paying tax of over ₤1.9m has been jailed at Hull Crown Court for three years.

The FSA has obtained a High Court injunction against a number of companies and individuals who made more than £1m from manipulating the market in UK shares.