HSBC's multi-asset Openfunds range has reached the £150m milestone and aims to break its £200m target by the end of the year.

Financial advisers are being warned they could be targets for money launderers after 3,000 blank passports were stolen from the Manchester area last month.

Financial advisers are planning to reduce the amount of remuneration they receive from initial commission and raise that coming from either trail commission or fees, according to research from Skandia.

The Government must intervene to stem the number of people falling behind on mortgage payments after new figures showed court mortgage possession orders have climbed almost 25% since this time last year.

Alpha Pyrenees Trust has posted its half year results for the six months to June 30, 2008. They revealed adjusted earnings of £5.2m and a further dividend of 1.75p per share in respect of Q2. The Trust has now paid and declared 3.5p per share for the...

Norwich Union has linked up with Barclays to offer a range of its new life insurance products to the bank's mass market customers.

LV= has reduced the rate of interest on its recently launched Flexible Lifetime Mortgage by 0.2% to 6.75%.

LV= has reduced the rate of interest on its newly launched Flexible Lifetime Mortgage by 0.2pc to 6.75pc.

Plans for more than eight million sq ft of speculative office buildings, including the Cheesegrater skyscraper, could be shelved as the financial sector retrenches and cuts its demand for space in the City of London, according to The Times .

The Dow Jones' positive run overnight rubbed off on UK stocks this morning, driving the FTSE100 29.80 points (0.54%) higher to 5527.20.