The FTSE 100 has broken through its previous peak to set a new record high as it nears the 7,000 mark.

The Investment Association (IA)'s plans to overhaul how funds' past performance is calculated has sparked debate among investment managers.

Wages are set to rise above inflation this year for the first time since 2007, according to economists at Ernst & Young.

Standard Life Investments' chief executive Keith Skeoch was paid £5.2m in 2014 as the business' AUM jumped by 45% last year.

Rathbones is planning to expand its range of services for high net worth clients with the launch of a private office.

The pro-business reforms implemented by India's prime minister Narendra Modi are making state-owned companies look attractive for investors, according to Somerset Capital's Dhawal Mehta.

Rathbones saw its funds under management boosted in 2014 thanks to deals with Jupiter Asset Management and Deutsche Asset & Wealth Management.

Monetary Policy Committee members voted unanimously to keep interest rates in hold this month, but potential divisions over the future path of rates have begun to emerge once more.

Old Mutual Global Investors has reviewed its governance and voting policies in a bid to end UK executive pay-offs that it says are "a reward for failure".

China fund managers are preparing for ‘controversial' changes to the benchmark index, which could also prompt adjustments to Investment Association definitions.