The Dow Jones has been flat so far this morning as investors await an announcement from President Barack Obama on the future of US banking regulation.

Advisers spend half a day of their working week on asset allocation, adapting investment strategies to cope with unprecedented stock market volatility.

Standard Bank Offshore Group has launched the latest in its structured products offerings, which are designed to return the initial capital invested.

The ABI has warned the Treasury not to apply proposed prudential stability rules for the banking sector to its own members.

Jarkko Syyrilä, director of international relations at the Investment Management Association, says the asset management industry must mobilise itself to face the beginning of a regulatory crisis.

The Treasury Committee is to undertake a short inquiry into mortgage arrears and access to mortgage finance as part of its continuing examination of the ramifications of the banking crisis.

The Bank of England's Monetary Policy Committee (MPC) noted improving market conditions before unanimously voting to keep interest rates at a historic low of 0.5%, minutes reveal.

Nucleus' Philip Martin is to leave his role as business development director at the IFA-owned and controlled wrap platform he helped launch three years ago.

IFAs can win a day at the races or a luxury hamper if they participate in a new structured products survey from Morgan Stanley.

Advisers will be in no position to blame the FSA for the outcomes of the RDR if they do not respond to its proposals, a consulting group warns.