Travel-related companies have helped the FTSE end the day up 11.70 points (0.21%) to 5489.20, after a volatile day.

Schroders has braced itself for further retail fund outflows in the near-term as continued market volatility reduces investor appetite for mutual funds.

US mortgage giant Fannie Mae has made a loss of $2.3bn in the second quarter of 2008 it was revealed today.

The FSA has left itself little time to present a clearly defined vision of the future distribution landscape and may be forced to publish "less than concrete" RDR proposals in November.

Users of the International Investment website can now access www.advisercareers.com , a new jobs board developed by Incisive Media, publisher of International Investment.

Political one-upmanship by the Government and opposition parties is preventing home information packs (HIPs) from being delivered in full, and letting down homebuyers, AHIPP says.

Nationwide Building Society has launched a range of bonds including a six-month fixed rate bond.

Close Brothers has launched the Close Wealth Management Academy to deepen its relationships with financial advisers.

London Central Property (LCP) is set to launch its London Central Portfolio Property Fund II in September.

Roadshows designed to help advisers make the most of the technology available to them are being held throughout September, hosted by provider 1st The Exchange.