The FSA will allow platforms to facilitate the collection of adviser charges, but says this must be done to the same standard as product providers.

Advisers who wish to be independent post RDR can use a single platform for the 'majority' of their clients if it is in their best interests, the FSA proposes today.

London's leading index of shares added to yesterday's triple-digit gains in early trading on Friday, before dipping into negative territory.

The Bank of England today rejected a fresh bout of quantitative easing and kept interest rates on hold for the 20th consecutive month.

The FSA is warning firms against using the word ‘cash' when naming Money Market Funds (MMFs), saying it is "potentially misleading".

Funds under management at St James's Place climbed £2.4bn to £24.8bn in the three months ending 30 September, and have now doubled over the last five years.

The deputy governor of the Bank of England, Charles Bean, has admitted that the recession "highlighted shortcomings" in the Bank's economic forecasting models.

Shares pulled back further on Wednesday following a blow for miners and lacklustre performances on Wall Street and in Asia.

Automatic enrolment into workplace pension schemes will only apply when a person earns more than £7,475 per year, a government review has concluded.

Bank of England governor Mervyn King last night warned of an unpleasant, "sober" decade ahead and hinted at further QE ahead of today's government Spending Review.