PORTFOLIOS

Eighty five per cent of over-55s said they preferred the "do it yourself" approach when it came to financial decisions, according to a survey.

Britain's top bank regulator has called for "ground rules" on lobbying to prevent it destabilising the financial system.

The Bank of England has revealed controversial plans to relax rules governing safety standards for lenders in a bid to provide a £70bn boost to the economy.

Chancellor George Osborne has said he will cap the country's welfare budget each year for the next four years from April 2015 - but the state pension will not be included.

Multi-asset fund returns have beaten investors' expectations over the past three years, according to research from Prudential.

AXA Investment Managers' CEO Dominique Carrel-Billiard is to leave the company, with the head of AXA's Itlaian insurance business Andrea Rossi to take over.

A number of financial advisers have yet to grasp the difference between risk-rated and risk-targeted funds, a survey of 700 practitioners suggests.

Tax breaks worth up to £150 to married couples will be written into law by David Cameron before the next election, a Treasury minister has promised.

A dramatic shift in the outlook for interest rates has been seen with money market indicators now pricing in a base rate rise to 0.75% in two years' time rather than three.