Just over £6.5m raised for new venture
The Financial Conduct Authority (FCA) has said it will not issue further guidance on inducements, despite growing calls to do so from fund groups.
US investors are taking profits in outperforming sectors such as healthcare and revisiting technology names, viewing them as a dividend play for the first time.
In this week's quick fire poll we ask: Are advisers risking a "great opportunity" unless they finalise and promote auto-enrolment propositions?
State-owned RBS has reported Q1 pre-tax profit of £826m and said its "substantially fixed" balance sheet means it should be ready to return to private hands next year.
Who will be the next governor of the Bank of England? The market is waiting with bated breath for Chancellor George Osborne to announce the successor to Sir Mervyn King later today.