Investors in the former New Star Heart of Africa fund will receive the proceeds of the vehicle's sale tomorrow.

Almost two-thirds of all structured products offered in 2009 will include Financial Services Compensation Scheme (FSCS) protection, according to Opal.

UK fund managers with personal investments in UK equities believe the stock market has bottomed, according to research from Lloyds TSB UK Private Banking.

Positive Solutions is inviting IFAs to attend its series of Synergy roadshows covering opportunities in the investment, pensions and protection markets.

As many as 65% of 18-35 year olds don't know who the Chancellor of the Exchequer is, according to new research from 1st The Exchange.

Perspective Financial Group Ltd, the consolidation vehicle for IFAs, has posted a profit in its first year of trading and says it is on target to acquire more businesses in 2009.

A former Morgan Stanley trader has been fined £140,000 by the FSA for ripping off his clients.

Financials stocks have dragged the FTSE 100 into the red this morning, down 48.53 points, or 1.11%, to 4,316.76.

Skandia's Global Best Ideas fund has increased its exposure to Europe and the emerging markets at the expense of the US.

Banks signing up to the delayed code of practice on tax may also be forced to ensure their senior employees are paying the correct amount to the exchequer under proposals being considered by the Treasury, reports The Guardian .