The FTSE 100 is up 32.5 points, or 0.56%, to 5,824, losing earlier gains towards the end of the day as Wall Street also fell back.
Prudential is at the top of the leaderboard with gains of 4.56% to 618.5p, closely followed by Centrica, up 4.47% to 286.25p, with Amvescap in a third place with gains of 3.56% to 494.5p.
However ICAP led the fallers with a drop of 2.85% to 494.25p, followed by Boots which slipped 2.35% to 768p, while Alliance Unichem also fell 1.92% to 1,020p.
In the US the Dow Jones Industrial Average is down 4 points or 0.04% to 11,186.80, as conflicting signals on inflation damped speculation the Federal Reserve may pause after raising interest rates for two years.
Apple has slipped $1.75 to $57.22 after starting an internal investigation into stock option grants made between 1997 and 2001, while Computer Sciences, a defence contractor which specialises in information systems, has dropped $5.29, or 9.5%, to $50.59.
Elsewhere shares of GM have surged $1.47 to $28.91, while Ford Motor, the second-largest US carmaker, has climbed $0.34 to $6.74.If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Nyree Stewart on 020 7968 4558 or email [email protected]IFAonline
Pension savers need to engage with their retirement options far earlier than is currently normal to ensure they save enough through their lifetime, according to a report from the Association of British Insurers (ABI).
The majority of financial advisers (85%) believe the number of self-invested personal pension (SIPP) providers will continue to fall in the coming year, according to Dentons Pension Management research.
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