Over a third (35%) of investment company directors say advisers are fundamental to developing a larger retail shareholder base for investment trusts, suggests a survey by JPMorgan.
Consumers will get lessons in financial awareness paid for by banks in plans expected in the Queen's Speech this week.
JPMorgan Chase is set to take full ownership of Cazenove, the 190 year old stockbroker, in a £940m deal.
UK combined defined contribution (DC) pension assets fell £18bn in October compared to the previous month, according to Aon Consulting.
Nearly one in three mortgage deals on the market are currently broker-only as lenders continue to make a commitment to the intermediary market, research suggests.
The FSA has fined and banned a former UBS employee for helping cover-up unauthorised trading losses.
Just one in ten (10%) Britons are consulting an accountant or IFA on tax planning issues, research from Fidelity International suggests.
Hector Sants, chief executive of the FSA, is warming to suggestions he could become deputy governor at the Bank of England under a Tory Government.
As many as 43% of pension fund schemes have no overall risk-mitigation strategy, research by HamishWilson suggests.
Friends Provident International (FPI) reports new business sales fell 24% for the nine months to October 2009 compared to the same period last year.