The Financial Conduct Authority has launched High Court proceedings against an unauthorised investment firm and its sole director, Mr Daniel Willis, over £2.8m owed to investors.

Unbiased, the adviser directory, is to launch additional products and services and to look at international expansion after receiving £5m in new investment from YFM Equity Partners (YFM).

The independent investment research and fund rating firm RSMR has presented its annual fund manager awards this week – recognising some of the top funds and fund firms in the UK.

Women investors are more likely than men to hold their nerve during financial turmoil but are less likely than men to invest overall, according to a new study.