Emerging markets will outperform in the long term but investors need not rush into them as volatility will continue in the near term, according leading asset managers.

Barclays Wealth's fears over a backlash against structured products in the wake of Lehman Brothers' collapse have proved unfounded, with the company posting record sales in September.

A third of global stock yields are reaching figures of over 5pc, with half of these outside of the banking sector, according to Legg Mason's Paul Ehrlichman.

Depositors with Icesave, the UK savings arm of the failed Icelandic bank Landsbanki, will receive compensation without the need for a lengthy application process it was announced today.

Hector Sants, CEO of the FSA, is under fire at home as well as the office after his £3m plans to renovate a Victorian property have been slammed by local residents, the Daily Mail reports.

Advisory firm Towergate Financial has appointed former John Charcol chairman Ian Darby as its new chief executive.

F&C's share price plummeted nearly 15% this morning after weekend reports suggested majority owner Friends Provident was about to start a demerger.

Towergate Financial has appointed former John Charcol chairman Ian Darby as chief executive from 31 October 2008.

The value of defined contribution (DC) pensions has dived £157bn over the past year, according to research from Aon Consulting.

Qatar has ranked highest of the Mena economies in the latest Global Competitiveness Index compiled by the World Economic Forum.