The Financial Conduct Authority (FCA) is reluctant to provide further guidance on key advisory issues on which it has already offered direction, suggesting it would not be helpful.
UKIP has taken a second seat in Westminster after winning the Rochester and Strood by-election, adding to concerns over the outcome of the general election next year.
Mining stocks weighed on the FTSE 100 index on Thursday, as the latest economic data pointed to a slowdown in China and the eurozone.
Former Schroders chief investment officer Alan Brown has stepped down from the board of the Investment Management Association (IMA).
Minutes released by the Bank of England's Monetary Policy Committee this morning revealed a more hawkish stance than investors expected, helping to lift the flagging UK currency.
Royal Mail suffered a 21% profit fall in the half year ending 28 September 2014, but beat analysts' expectations of a 30% drop.
Cazenove Capital Management's CIO Richard Jeffrey said the Bank of England should have raised interest raised this year instead of waiting for perfect economic conditions.
The Stock Connect programme linking Hong Kong's stock exchange to mainland Shanghai shares finally launched this week, after being postponed as a result of protests in Hong Kong.
Adrian Lowcock has joined AXA Wealth as head of investing after leaving his previous role at Hargreaves Lansdown in the summer.
Magnus Spence, founder and CEO of Dalton Strategic Partnership (DSP), has left the firm after 12 years.