Neptune is to merge away its UK Equity fund, run by Scott MacLennan, later this year following the departure of highly rated manager Alex Breese.

The UK's headline inflation rate fell back to 2.8% in July, matching analysts' expectations, the latest data has revealed.

Adviser support group Tenet's petition asking the government for a long-stop for financial advice complaints has reached 2,098 signatures in only ten days.

Hargreaves Lansdown has ruled out the prospect of taking marketing fees from fund groups or allowing advertising on its website, saying it wants to offer a 'transparent' fee structure when new regulations are implemented next year.

Standard Life Investments' Euan Munro has joined Aviva Investors as CEO.

The Abu Dhabi Sheikh who became the second largest shareholder in Barclays at the height of the credit crisis has sold his entire stake, making a huge profit.

Ben Bernanke, the chairman of the Federal Reserve, has said he does not understand gold prices or why investors hold it during certain economic environments.

Brewin Dolphin is reviewing the service it offers clients with less than £50k in assets under management.

The pound has slid sharply over the last few weeks versus a basket of currencies, while the US dollar has continued its 2013 resurgence, but where are the screaming buys in currency markets now?

Jupiter's Philip Gibbs is to hand over his £536m Absolute Return fund to recent hire James Clunie in September, ahead of his retirement in 2014.