AXA Wealth has seen sales on its Elevate platform rise by 14 per cent to £426m in the first quarter of 2012.

Standard Life has announced its adviser charging policy and said it hopes to implement it in Q4 this year, ahead of the RDR.

Economists are forecasting positive results for the next GDP figure with 0.1 per cent growth forecast, according to a leading think-tank.

Martin Currie Investment Management has been fined £3.5m by the Financial Services Authority for failing to manage conflicts of interest.

Interest rates were held at 0.5 per cent today by the Bank of England.

Operating income at wealth management firm Rathbones was up 12 per cent year on year for the first quarter of 2012.

Nigel Wilson has been promoted to group chief executive of Legal and General, replacing Tim Breedon.

Parliament was officially opened by the Queen today, who outlined bills for pension and banking reforms.

There is less than a week to go until the sixth annual Morningstar Investment Conference is held on 15-16 May.

Independent financial advisers are the most trusted source of advice for millionaires, according to a survey by Skandia.