ifs ProShare has identified a gap in the market for advisers as more employees are drawn to employee share ownership plans.

More than a quarter (28pc) of stockmarket investors have moved some or all of their money into more cautious investments, such as cash or bonds, as a result of market turbulence, according to the latest Investor Outlook report from Lloyds TSB Wealth...

SWIP's Mark Har ries-led multi-manager team has revised its Diversity portfolio by taking holdings in First State's new Global Listed Infrastructure vehicle and a host of other funds focused on capital preservation during difficult market conditions....

Members of the rate-setting Monetary Policy Committee (MPC) were split three ways for the second consecutive month before opting to leave the base rate unchanged at 5% in July, MPC minutes reveal.

An adviser survey by MetLife has suggested that clients cite increasing longevity as the biggest threat to their retirement plans.

Minutes from the MPC's August meeting have revealed a three-way split behind the decision to hold rates at 5pc.

Gross mortgage lending was an estimated £24.8bn in July, up 5% on June but down 27% from July a year ago, according to the Council of Mortgage Lenders (CML).

A financial adviser will no longer be able to operate as a senior manager after failing to supervise his pensions transfer specialist who the FSA deems gave customers "unsuitable" advice.

Renewed fears about the length and severity of the financial crisis sent shivers through markets yesterday after an influential economist predicted a big American bank failure and said the worst was yet to come, reports The Independent.

The FSA has banned Barnsley-based IFA Darrell Mark Eaden from being a senior manager after he exposed clients to the risk of receiving unsuitable advice.