Katherine Leaman, manager of the FSA's professional standards policy team, will leave the regulator and head to the private sector with a job at Royal Bank of Scotland.

Andrew Strange is to step down as policy director of the Association of Independent Financial Advisers (AIFA) after nearly five years at the organisation.

Britain has underperformed all the world's leading economies over the past year except tsunami-hit Japan, figures from the Organisation for Economic Co-operation and Development (OECD) show.

Norwich and Peterborough (N&P) building society's members have voted in favour of the merger between N&P and larger rival Yorkshire.

Oil prices fell by more than $3 a barrel yesterday as Libyan rebels gained more ground, lifting hopes that the source of Africa's biggest oil reserves could soon restart exports.

Equity markets are pricing in a double dip, high-yield looks attractive, and volatility of gold returns are likely to increase, according to head of investment strategy at Barclays Wealth, Kevin Gardiner.

The New Model Business Academy (NMBA) and consultancy firm New Adviser have launched a ‘fast track'programme to help advisers meet the RDR requirements in the 500 days left until 1 January 2013.

Advisers have just 500 days to meet the requirements of the RDR - or face finding another job - before the new rules come into force on 1 January 2013.

The UK's index of 100 leading shares fell 2.76% to below 5,000 this morning, as global markets showed no signs of shaking off fears the West is heading back into recession.

Jupiter said it will target wealth managers with the launch of a new share class across its unit trust range.