Net mortgage lending by building societies increased to £314m in September, from -£37m in August, but was still 47% lower than during the same month last year.

The FSA has fined specialist advisory and asset management firm Sindicatum Holdings £49,000 for not having adequate anti-money laundering systems and controls in place for verifying and recording clients' identities.

The man regarded as the most hawkish Bank of England policymaker acknowledged inflation no longer poses a major threat, in the latest evidence that further interest rate cuts may be imminent, according to The Daily Telegraph .

A flood of income drawdown investors have requested annuity quotations as a result of the banking bail-out, according to Living Time.

Online adviser and mortgage community cherry, has launched cherryFind , a searchable database for consumers sourcing financial advice.

Legal & General has announced it will make all its business protection policies available through Assureweb.

The latest of Abbey International's fixed term deposits have been launched with gross interest rates of up to 6.25% AER.

Sarasin Group has increased its growth in the Middle East with the launch of Sarasin-Alpen & Partners, a Dubai-based specialist asset management company.

Investor confidence has not been dented by the recession, according to Barclays Stockbrokers.

Nucleus chief David Ferguson has outlined his wrap proposition's goal to break even next year.