After a near 2.5% drop yesterday, the FTSE100 is showing signs of recovery in early trading on Wednesday, advancing 47.1 points, or 0.89%, to climb to 5,367.5.

The Children's Mutual has called on more IFAs to include questions on CTF commitments as part of their standard fact find questionnaire to clients.

Witan investment trust's move to reduce UK exposure was not enough to avoid sharp declines in the first six months of the year, with the £1.15bn company's share price plunging 12.6% and net asset value declining 11.4%.

Standard Life Investments' (SLI) Global Absolute Return Strategies fund (GARS) has smashed through the £500m barrier in assets under management since its launch in June 2006.

Despite personal finance issues taking centre stage over the past year, the financial literacy of British adults has declined compared to this time last year, according to Abbey Banking.

The FTSE incurred heavy losses by the close of trading on Tuesday, hindered by another poor day at the office for the Halifax Bank of Scotland (HBOS).

The Association of Private Client Investment Managers and Stockbrokers (APCIMS) has urged the Government to build on its simplification of capital gains tax (CGT) in order to stop penalizing long-term share ownership.

The Labour Party will suffer a landslide vote against it unless it intervenes immediately to stem sinking activity in the housing market, according to Wolsey Securities.

Shareholders in Alliance & Leicester (A&L) are preparing to vote on the firm's proposed £1.3bn acquisition by Banco Santander.

Chasing inflationary wage increases in a bid to guard against market instability will see inflation reaching 1970s levels, a Bank of England (BoE) member says.