Nationwide has extended a deal with Legal and General (L&G) to offer investment advice in the building society's branches until at least 2016.

UPDATE: The UK index of 100 leading stocks had jumped 58.87 points to 5921.81 by 2pm, an increase of 1% led by rising commodity prices as civil unrest in Egypt continues.

The FSA is proposing advice firms contribute 2% less to the regulator's funding next year, a cut of £53 per adviser.

Online trading company London Capital Group (LCG) faces compensation claims of up to £5.5m if over a hundred investor complaints to the FOS succeed, according to a solicitor working on the case.

A leading economic think-tank today urged George Osborne to delay the dramatic public sector cuts which underpin his economic policies, and to u-turn on them completely if the economy falters again.

Norwich & Peterborough (N&P) Building Society has transferred its network of 21 IFAs to Aviva citing spiralling costs.

A mortgage broker is suing the FSA for £1.67m for publishing a decision notice stripping him of his regulatory permissions, in what is thought to be the first libel case against the watchdog.

An oil and gas entrepreneur has won the right to exclude all of his pre-marriage assets from a divorce split, but must raise his ex-wife's settlement from £5m to £8m.

The London head of US banking giant Goldman Sachs has been awarded a £9m bonus, according to reports.

Zurich UK Life is proposing to close five of its branches, with the loss of 120 staff, as part of a sales resructure provoked by the RDR and advisers' flight to platforms.