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Financial advisers are planning to reduce the amount of remuneration they receive from initial commission and raise that coming from either trail commission or fees, according to research from Skandia.

Plans for more than eight million sq ft of speculative office buildings, including the Cheesegrater skyscraper, could be shelved as the financial sector retrenches and cuts its demand for space in the City of London, according to The Times .

Evy Hambro, manager of the MLIIF World Mining fund for BlackRock, advises commodity investors to consider the long-term supply and demand issues, rather than be distracted by short-term market moves.

Axa Wealth Management has added the Estate Planning Account to its range of offshore propositions.

Tensions between the Treasury and the Bank of England mounted yesterday as Mervyn King, the Bank's Governor, abruptly dismissed measures being considered by Alistair Darling to end the mortgage drought, The Times reports.

Fidelity FundsNetwork is to accept applications for SIPPs with protected rights from mid-September in advance of new regulations coming into force on October 1.

Damaged by the Georgia conflict, Russia's stock market has lost almost a third of its value in the last two months, according to Michael Konstantinov, manager of the Allianz RCM BRIC Stars fund.

Royal London has unveiled the executive team that will lead its recently pooled international business, although there will also be some casualties.

Measures to revive the dormant housing market by increasing the supply of mortgage lending are being planned by ministers, The Times has learnt.

Almost two-thirds of expats living in the Middle East hope to retire before they reach 60, but far fewer are confident of doing so, according to a study by Zurich International Life (ZIL).