Russia's military intervention in Georgia has left Aberdeen Asset Management's perceptions of the market broadly unchanged.

Another strong start for mining stocks has driven the FTSE100 higher in mid-morning trading, up 66.30 points (1.22%) to 5514.90.

Norwich Union is launching the Capital Protected Plan 2 which is designed to return twice the rise in the FTSE 100, up to a specified maximum, and protect an initial investment.

Baring Asset Management has appointed Rod Aldridge as head of UK retail sales.

Arch Financial Products and Nice Capital have launched a new residential property fund, as part of a joint venture.

Barings has appointed former Gartmore retail distribution chief Rod Aldridge as its UK retail sales head.

London shares fell after several days of good performance as the Bank of England predicted the economy is about to stagnate, with the FTSE 100 losing 85.9 points (1.55%) to 5,448.6.

Skandia International has announced the next wave of launches in its offshore fund range expansion programme.

HBOS's specialist mortgage arm, The Mortgage Business (TMB), is to close it was announced today.

Hargreaves Lansdown's head of pensions research Tom McPhail has been challenged to a contest setting tracker funds against actively managed funds by EveryInvestor editor-in-chief Chris Gilchrist