The FTSE 100 has dipped back below 5,700 but remains on course to post its largest monthly gain since 1990.
The IMA is consulting on scrapping current labels for the Managed sectors in favour of more simplified A, B, C, D categorisation.
Eurozone optimism has buoyed markets this afternoon with almost all major indices in positive territory.
US markets opened lower today as investors remained cautious on tomorrow's European summit aimed at solving the sovereign debt crisis.
The FTSE 100 soared to its highest level since early August in morning trading, as investors remained hopeful of a resolution in Europe.
The FTSE 100 was 1.3% lower this morning after slowing Chinese GDP data and a Moody's warning over France's AAA-rating weighed on sentiment.
The FTSE 100 was trading at its highest level since early August this morning, as optimism over the crisis in Europe continued to cheer investors.
UK firms will see their dividend payouts hit £67bn this year, an 18% rise on 2010, according to the latest Dividend Monitor from Capita Registrars.