Hedge fund consultancy Laven Partners has hit back at France's call for tighter regulation of hedge funds.

Inflation fell by much less than analysts had expected to 3% in January.

Cross-border regulatory co-operation must be strengthened in future or jurisdictions will be forced to adopt protectionist policies, warns Guernsey's chief minister.

The Diploma for Financial Advisers (DipFA), launched by the ifs School of Finance, has received official accreditation from Ofqual.

An action group set up to challenge the proposed increases in FSA fees for financial advisers has been established.

Legal & General has denied it needs to raise fresh capital from investors, nor will it cut its dividend, following funding rumours which knocked its share price yesterday.

Lloyds could be forced to write off a further swath of loans made by HBOS to hundreds of companies, after figures showed many of the loans are worth only a fraction of their original value, The Guardian reports.

Financials rallied in early trading following the sector's drag on the FTSE 100 yesterday, as Legal & General, RBS, Lloyds Banking Group and Barclays spurred forwards.

An action group set up to challenge the proposed increases in FSA fees for financial advisers has been established.

Hornbuckle Mitchell saw SIPP and SSAS business grow by 24% during 2008, with a surge in interest since the beginning of the financial crisis.