A new code of conduct for financial advisers in New Zealand is a step closer to implementation after draft proposals were approved.
The FTSE fell back slightly in early trading on Thursday despite strong overnight showings on Wall Street and in Asia.
The International Monetary Fund (IMF) has warned long-term fiscal reforms will be required among advanced economies as it projected the UK's gross debt to GDP would rise to 90.6% in 2015.
Former Lehman Brothers CEO Dick Fuld believes the investment bank may have been able to survive if US authorities had given it the same assistance as its rivals.
World markets surged on Wednesday following an unexpected jump in US manufacturing data and bullish economic figures from Asia.
Veteran manager Gervais Williams has resigned from Gartmore and will leave the firm at the end of September.
Gordon Brown has been accused of attempting to blackmail Tony Blair into dropping Adair Turner's revolutionary pension reform proposals.
IFAs still own the largest portion of the protection market despite its long-term sales slump, according to the FSA.
Incisive Media has officially launched Adviserhound.com, the industry's first vertical search engine designed to cater for the day-to-day business needs of financial advisers.
Almost half of working Britons never review their pension plans and 38% of those who do select the default option for their scheme, research suggests.