The Chartered Insurance Institute (CII) has published a study looking at the way forward for a modern and progressive profession.

Cofunds broke into the black for the first time in its history last year, posting an operating profit of £400,000.

Police are investigating recent business transactions made by adviser Geoff Kerr, who was shot dead at his home in Templepatrick, Northern Ireland on Monday evening.

The FSA has banned a hedge fund manager and fined him £35,000 for mismarking trading positions to hide losses.

A meeting of shareholders at financial group, Fortis, descended into chaos when shoes and a voting machine were thrown at the firm's chairman and chief executive.

Hargreaves Lansdown's Tom McPhail and Worldwide Financial Planning's Peter McGahan have been voted by journalists as the top media IFAs for 2008.

Protection experts are predicting an "avalanche" of providers to branch out into space vacated by the collapse of payment protection insurance (PPI).

Daniel Bouton, chairman and chief executive of French bank Societe Generale, has bowed to public criticism over the Kerviel trading scandal, resigning from his post with the lender.

The banking sector is powering a solid start for the FTSE 100 this morning, adding 21.22 points or 0.52% to 4117.62 by 9:30am.

Hargreaves Lansdown's Tom McPhail and Peter McGahan of Worldwide Financial Planning have been voted joint winners of Unbiased.co.uk media services IFA of the year, 2008.