The euro crisis is over, according to European Commission president José Manuel Barroso.

MULTI-MANAGERS

The Association of Professional Financial Advisers (APFA) is calling for more product manufacturer responsibility when marketing materials are relied on by investors and advisers.

The Financial Services Bill, which will deliver fundamental reform of financial regulation in the UK, has received Royal Assent.

HEROES & VILLAINS

Northern Rock Asset Management is to compensate customers who took out loans with the bank a share of £270m, following errors made in paperwork.

The Financial Services Authority (FSA) is warning asset managers that outsource activities to external service providers to exercise "care and diligence" when entering into any arrangement, and to ensure they have a "robust" exit plan should something...

AUTUMN STATEMENT

The Treasury is to increase the inheritance tax (IHT) nil rate band by 1% in 2015/16, to £329,000.

The Chancellor has announced cuts to pensions tax relief, meaning individuals can now only put away £40,000 annually free of tax.