Encashments have been suspended at present in the NDF Administration(NDFA) and DRL structured products linked to Lehman Brothers, it was announced today.

Fidelity FundsNetwork has launched a website to complement its adviser training and development solution, Platform for Learning.

HM Revenue and Customs stands accused of ignoring increasing calls to review residence and domicile matters, according to Baker Tilly.

Jordans International has created a twin-nationality Jersey trust formula to safeguard Italian family assets in offshore trusts.

The short-selling of bank shares is neither the sole nor principle reason for the falls in the price of certain shares in recent weeks according to the IMA.

Old Mutual has brought in Skandia's investment management operations to improve the fund range available to South Africans keen to invest offshore.

Advisers and product providers have lambasted the structured products providers underwritten by Lehman Brothers for collaborating with such low-rated banks, with questions being cast over the future of counterparties.

The swift advance of banks on the FTSE this morning may represent the clearest sign yet the UK markets view yesterday's events as the beginning of the end of a financial crisis described as the worst since the Great Depression.

The Dow Jones shot up nearly 4% before the close on Thursday after speculation surfaced the US Government is planning one of the largest financial interventions since the Great Depression.

An adviser/client-facing web-based advice tool, Voyant, is being launched by IFA support firm Cavendish IT Solutions, which it claims could reignite consumer engagement with the industry, in light of the RDR, TCF and other regulatory pressures.