Skandia Investment Group (SIG) has appointed Polar Capital to run a £10m mandate for the Skandia UK Strategic Best Ideas fund.

Henderson Group is close to quitting Britain for tax reasons in a move that would send shockwaves through the City and the Treasury, The Telegraph reports.

Hargreaves Lansdown posted a 42% increase in underlying before tax operating profit in its first full financial year as a publicly quoted company, up to £57.8m in the 12 months to 30 June.

Discrimination is good. A dictionary definition is "the power of making fine distinctions", so it's a synonym for good judgement. Most insurance is based on discrimination.

Dunfermline Building Society and Home & Capital have been added to Equity Release Club's (ERC) panel of providers.

Shares in London recovered in the afternoon after a major sell off in early trading, with the FTSE 100 closing down 34.9 points (0.63%) to 5,470.7.

The British Bankers Association, the Building Societies Association and the Tax Incentivised Savings Association have published guidelines to speed up and improve efficiency in the transfer of cash ISAs between providers.

AIG intends to significantly raise its presence in the UK financial services retail market. Sponsoring Manchester United was the first major step in that process, says Mark Hawthorne, head of sales and marketing at the firm's Life arm.

Stuart Tyler, senior investment analyst for Lincoln, says that while investors expect higher volatility in emerging markets, corrections like those seen recently reduce the tolerance for risk short-term - but now is not the time to ignore long-term fundamentals....

Macroeconomic influences such as inflation, economic growth and employment have a major influence on both companies and individuals.