Nine out of ten investors are concerned about synthetic exchange traded funds (ETFs) on the back of a series of warnings from global regulators about their dangers, research suggests.

The FSA said it hopes a consultation paper on the treatment of commission on legacy assets has "put to bed" any confusion on the issue, but it warned product providers yet to adapt their systems face an arduous task preparing for the rule change.

The FSA has confirmed its proposed ban on legacy commission in a widely-expected move.

A Federal Reserve official has called for more "monetary accommodation" to tackle surging unemployment and the country's under pressure mortgage market.

Stronger systems and controls are needed to limit conflict of interest issues arising from distributor influenced funds (DIFs), Tisa has said.

Cofunds has denied its backers want out after a report emerged that shareholder L&G has made an offer for the platform.

Sesame Bankhall Group is joining forces with Henderson Global Investors to launch an investment company.

The Bank of England (BoE) has kept interest rates at the historic low of 0.5% for the 33rd straight month, and held fire on additional quantitative easing measures after pumping an extra £75bn into the facility last month.

Skandia UK has announced a 5% fall in net inflows and funds under management for the first nine months of the year - but said it had outperformed wider industry trends.

The UK economy will avoid a double dip recession but a new round of quantitative easing could be on the cards, according to fund managers.