Bob Doll is sceptical about the results of last week's US regulators' stress test, which revealed a capital shortfall of around £75bn in 10 banks.

City Financial Strategic Gilt fund manager Ian Williams has warned funds holding long-dated gilts and corporate bonds could face "sizeable" losses from mid-2010.

PSigma Income fund manager Bill Mott has begun to trim exposure to cyclicals after a number of stocks in the portfolio staged sharp performance spikes over recent months.

Nick Cann, the chief executive of the Institute of Financial Planning (IFP), says the FSA knows it will be forced to delay the implementation of the RDR, but can not publicly admit it.

Savers are being urged to review their cash Isa accounts because many former top payers are now paying a paltry 0.1pc, reports The Telegraph.

A website providing case studies, sales aids and information on individual income protection (IP) for advisers has been launched by Unum.

Legal & General (L&G) is set to cut an extra 560 jobs, brining the total number of staff lost this year to more than 1,000.

Tenon Financial Services (TFS) has chosen SEI to provide global wealth platform services as part of its new business model.

Microsoft made its first ever move into the bond markets yesterday, announcing plans for a $3.75bn (£2.48bn) issue.

Paradigm Mortgage Services and Aegon have teamed up to announce a series of business protection workshops for members taking place in June.