A large majority of advisers do not have an Internet marketing plan, a study by IFA Life reveals.

The FTSE 100 plunged sharply in morning trading, as banks and mining stocks dragged the index down.

Regulators around the world will be handed new powers to limit the share of profits that banks can spend on bonuses under a compromise deal to be tabled in Pittsburgh this week at the G20 meeting of leaders of the largest economies.

IFA partners with Positive Solutions can now refer complex equity release and long-term care cases to specialist brokers, and receive a share of the commission, after the company enhanced its Mortgage Club service.

The Dow Jones opened higher in early trading on Friday with Procter & Gamble heading up the winner's table.

Lloyds Banking Group, the part-nationalised banking group, confirmed today that it has gone into talks with the Treasury about changing the terms of its participation in the Government's insurance scheme for toxic assets.

Consumer champion Which? says it is "hopeful" the appeals court will rebuff a challenge from Barclays and Lloyds over a decision to limit sales of payment protection insurance (PPI).

Almost three quarters of advisers will encourage their children to follow a different career path, research suggests.

Unbiased.co.uk has launched a paid-for networking service for IFAs allowing them to link up with other professionals including accountants and solicitors.

The rump of the defunct Wall Street bank Lehman Brothers has accused Barclays of milking its collapse to the tune of $8.2bn by securing a "secret" windfall on the purchase of its US operations from bankruptcy, the Guardian reports.