The FTSE is heading for a sixth straight weekly gain amid speculation a bailout for Greece is imminent.
Paul McNamara, managing director of group strategy and corporate finance at Standard Life, has left the company.
Discretionary manager Parmenion is launching a "wholly passive" investment strategy to sit alongside its active offering.
The chief executive of F&C Asset Management collected a £1m cash-and-shares bonus last year as the spotlight turns on fund manager pay in the wake of the financial crisis.
Independent advisers generate just a tiny portion of the total net revenue produced by the industry yet contribute a far larger chunk of its annual costs, an economics team has found.
Advisers and product providers have hit out at HMRC's move to challenge the ISAbility of certain kick-out plans.
High-profile fund managers have labelled the upcoming General Election as "irrelevant", believing any result will do little to derail the UK stock market's strong recovery.
The babyboomer generation are over-reliant on property to fund their retirement, creating an opportunity for advisers in the lifestyle planning realm, AXA says.
Source has unveiled a range of four Market Quartile ETFs, following the success of the firm's European Optimised Sector funds.
Interest rates have been kept on hold at 0.5% by the Bank of England.