UK

UK dividend payments hit another record high in Q3 2012, the latest figures from Capita have revealed, although the mood was soured somewhat as it warned it will be "much harder" to make progress in 2013.

Albion Ventures has launched a top up scheme seeking to raise up to £15m across six of its venture capital trusts (VCTs).

Graham Ashby has taken over a UK Enhanced Income fund at Ignis, targeting a yield of up to 9%.

Bank of Scotland has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate mortgage records.

MAM Funds' Gervais Williams has revealed the key stocks driving performance on his Acuim UK Multi Cap Income fund, which reached its one-year anniversary this month.

RSM Tenon Group has posted revenues down 8.8% to £208m after a "really tough" year which saw 400 staff made redundant.

BLACK MONDAY

Liontrust is proposing to merge the Macro UK High Alpha fund into its Macro UK Growth fund due to the "sub-optimal" size of the high alpha vehicle.

The FTSE 100 will rise over 70% and hit the 10,000 mark in the next decade, Invesco Perpetual's Martin Walker has predicted.

The FSA should go further in its DFM transparency drive and oblige discretionaries to publish total expense ratios for their portfolios, according to David Tiller, director of strategy & business development at Standard Life Wealth.