The government should have consulted and made its policy intentions clear over the treatment of Inheritance Tax on trusts.
Increases in longevity could lead to an increase in thematic stockpicking, claims Credit Suisse.
An external member of the Monetary Policy Committee (MPC) has unexpectedly died following a short illness.
The FTSE 100 has ended the day down 21.9 points, or 0.39%, to 5,597.4, despite early gains this morning.
Capita Financial Group is to buy Sinclair Henderson, an investment fund administration business, from iimia Investment Group.
Stockmarket investors may reconsider financial intermediary firms as valuable investment propositions within a few years, according to KPMG.
The FTSE 100 is up 122.6 points, or 2.23% to 5,629.4 helped by a strong start on Wall Street.
Standard Life has reduced its offer price range to between 210p and 270p to reflect "present market conditions".
The FTSE 100 has suffered a small drop closing down 12.8 points, or 0.23%, to 5,506.8 as energy stocks fell.
Merrill Lynch has tipped its hat at the concept of holistic financial planning by adopting a portfolio strategy for investors incorporating all of their assets.