Pensioners and savers are being deprived of thousands of pounds through high management fees that are often hidden, according to leaked advice provided by consultants to the Treasury.
Shares on South Korea's main index rose nearly 1% overnight, having sold off sharply on the day of North Korean leader Kim Jong Il's death.
Prince Alwaleed bin Talal, one of the world's richest men, has invested $300m in social microblogging site Twitter.
Britain has not joined with other European countries to provide 150bn euros (£125bn; $194bn) to the International Monetary Fund(IMF).
Paul Marriage, manager of Cazenove's £91m UK Smaller Companies fund, names five smaller companies set to outperform in 2012.
Test your knowledge of pop culture and business trivia from the decade that brought you parachute pants, power shoulder pads, and Pac Man....it's the Investment Week Christmas Quiz.
London's leading index has been impacted by both ‘black swan' events and heightened volatility over the past 12 months.
Stock markets across Asia have fallen after news of the death of North Korean leader Kim Jong-il renewed fears of political instability in the region.
Economists have warned the Independent Commission on Banking (ICB)'s plans to ringfence UK banks' retail and investment divisions could threaten economic growth.
Industry heavyweights Neil Woodford and Anthony Bolton have had contrasting fortunes running their closed-ended vehicles over the past year.