Former Ascentric director and co-founder Michael Fordham has joined The WAY Group as managing director, business development.

The European Central Bank (ECB) has cut interest rates for the Eurozone to 2%.

Concerned consumers are scrutinising their investment portfolios to eke out the most from their savings in the credit squeeze, fuelling the need for adviser advice, according to AXA.

The RDR has damaged the confidence of advisers, making them feel that they do not have anything to offer the consumer, according to Positive Solutions chief executive Jim Reeve.

The Financial Ombudsman Service (FOS) says it will cut its case fees for financial advisers by 12.5% to reflect the low number of complaints made against them.

Dozens of jobs are at risk in Legal & General's (L&G's) IFA wealth sales support division following a restructure.

Mortgage sourcing provider Trigold is undertaking a survey of brokers to gauge their feelings about the need for sourcing systems to show direct-only products.

Sir Philip Hampton, the City grandee who chairs the J Sainsbury supermarkets chain, is being lined up to become the new chairman of the crisis-hit Royal Bank of Scotland (RBS), The Telegraph reveals.

Carne Global Financial Services has opened offices in the Cayman Islands following a recent licence being granted by the islands' monetary authority.

Structured product investment sales rose 25% to £9.68bn in 2008, as the sector continued to establish itself as a provider of mainstream wealth management solutions, according to new analysis from Blue Sky Asset Management (BSAM).