Current dire market conditions are a result of the 2003 bear market not being dealt with properly by regulators, according to Andrew Milligan, investment director at Standard Life.

BDO Stoy Hayward Investment Management has made three senior appointments to its alternatives fund of funds team.

F&C Investments is seeking to build its fund distribution in China with an agreement in principle with Hua Xia Bank to form a joint venture fund management company in China.

Pensions minister Mike O'Brien has been moved to the energy and climate change department as part of a cabinet reshuffle that has dealt a fresh blow to UK pensions reform.

Legg Mason affiliate Royce & Associates has picked out high-quality energy, precious metals, mining and industrial metals smaller companies stocks as the pick of commodity markets, believing that the next 12 months will present the best opportunities...

Bankhall has partnered with insurance broking firm FirstCity to roll out Professional Indemnity Insurance (PII) to members.

Home Buyer Systems is launching a TCF review service for mortgage firms through its compliance support division, The Compliance Alliance.

In the four long and tempestuous weeks since the Bank of England's interest-rate-setting Monetary Policy Committee (MPC) last met, the economic landscape of Britain and the world has been radically transformed, reports The Times.

Gordon Brown faces intense pressure today to guarantee all bank saver deposits following Germany's surprise back-flip to safeguard 100% of public money.

Andrew Millington has defected from Baillie Gifford to become investment director of UK equities at Standard Life Investments (SLI).