Merchant Investors is waiving all transfer and top-up charges on its SIPP until the end of the year, it has announced.

The proportion of mortgage borrowers opting for variable rates has risen by almost 50% in the past three months, according to Legal & General.

Premier's Mike Jennings has defended the performance of his Global DSR long-short fund, which has had a disappointing start since inception in May this year.

Positive changes in the US have been overshadowed by recent market panic and news from Lehman Brothers, according to Investec's strategist Max King.

The IMA has taken a second swipe at structured products, whilst issuing a rallying call to ensure that lessons learned from the banking crisis are applied to the asset management industry.

Swiss Re has revealed a net exposure to insurance giant AIG, for whom it acts as reinsurer, of around CHF 200m (£100m).

Reita has published the first publicly available discount to Net Asset Value (NAV) data for UK commercial property.

Mashreq Asset Management has launched the Arab Tigers Fund, giving European investors access to the Middle East & North Africa (Mena) region.

The Bank of England's Monetary Policy Committee (MPC) voted 8-1 to keep interest rates on hold in September.

IMA chairman Robert Jenkins has reignited the trade body's attack against structured products, questioning whether regulators are "asleep" on tackling the industry.