Product providers will face additional regulatory requirements if they offer convenient advice payment facilities to consumers, the FSA suggests today.

Almost half of the world's 8.6 million wealthiest investors have lost confidence in their fund manager, according to a report that lays bare how the credit crunch has damaged their personal fortunes, reports The Times.

Earlier this month we held a beauty parade at our office for a client who was considering appointing a different Discretionary Fund Manager to the one he currently used.