A trader is being questioned by police over his role in a loss of €751m at French savings bank Caisse d'Epargne.

The managing director of an IFA awarded Chartered status is encouraging consumers to ask firms which qualifications its advisers have achieved.

Axa has launched its Save More Tomorrow pension plan, which automatically increases the level of contributions over the duration of the pension.

Zurich has appointed Richard Howells from Bankhall as UK IFA sales director to help boost its expansion plans.

SIPP provider Suffolk Life has unveiled a service charter as part of its efforts to develop its business.

Continued UK government borrowing and new gilt issuance presents bond investors with short and medium term opportunities, according to Old Mutual Asset Management's Richard Stevens.

Defaqto has called for pensions educational programmes, after its own research found that 74pc of consumers have not sought any advice about planning for their retirement.

A combination of weakening fundamentals, technical selling and sheer panic are producing stock prices that are at extreme odds with companies' long-term prospects, according to Schroders' Nicholas Kirrage.

A corporate financial advice firm has been fined £49,000, and a board member £17,500, for leaving the company exposed to money launderers.

Fidelity is to host a series of volatility workshops for advisers at 24 venues nationwide between 17 th to 28 th November.