A lack of clarity from the FSA about advisers' use of platforms means firms have to "second guess" the regulator's requirements, according to The Platforum managing director Holly Mackay.

Emerging market economies will "outperform significantly" in 2011 despite the first quarter slow-down in global growth, according to Skandia.

Ascentric has passed £3bn assets under administration (AUM) as it nears profitability.

Novia has expanded its sales team with the appointment of two former Zurich employees as regional sales managers.

The economies of the 17 countries in the single currency block grew 0.8% in the first three months of 2011, up from 0.3% in Q4, figures out today reveal.

The London Stock Exchange (LSE) has seen a 65% rise in pre-tax profits to £238.2m.

The FTSE 100 has opened in positive territory after a commodities bounce-back lifted Wall Street yesterday.

Government austerity measures and high levels of consumer debt pose "strong headwinds" for the UK's economic recovery, the IMF has warned.

Cofunds has unveiled plans to significantly ramp-up its execution-only business on the back of a healthy set of financials which saw it post profits of £20m for 2010.

Standard Life has appointed Chris Divito as head of platform distribution.