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The FSA believes there is there is no consumer detriment in allowing advisers who operate under COBS rules to maintain their current commission based charging.

The FSA has indicated it is leaning towards abolishing all payments to platforms from product providers.

The FSA has made a major upward revision of the RDR's costs in its policy statement today.

Henderson plans to change the investment policy and name of its New Star Technology unit trust to the Henderson Global Innovation fund.

The FTSE was at 5708.41 in early trading, down 19.24 points or 0.34%, as investors reacted with caution to a eurozone bail-out plan for Greece.

The agreement of a rescue plan for Greece's debt crisis had a positive impact on the Asian stock markets on Friday.

A £20bn bailout plan to help debt-laden Greece has been agreed by all 16 eurozone countries.

ETF Securities (ETFS) has listed a fund tracking commodity three month forward contracts on the London Stock Exchange.

Alistair Darling admitted last night that Labour's planned cuts in public spending will be "deeper and tougher" than Margaret Thatcher's in the 1980s, as the country's leading experts on tax and spending warned that Britain faces "two parliaments of pain"...

HSBC Open funds manager Nick Pothier is to leave the company and return to his native South Africa.