Bank of England governor Mervyn King has announced the Bank and Treasury are working together on a ‘funding for lending’ scheme for banks.

Firms and organisations have responded to the Government’s White Paper on banking reform.

Institute of Financial Planning staff will be helping advisers transition to RDR at Ascentric’s new RDR workshops.

The Government has published its White Paper on the banking reform proposals put forward by the Independent Commission on Banking and Sir John Vickers.

Financial guru Martin Lewis hit out at the Money Advice Service yesterday, branding the service a ‘brand-building narcissistic exercise’.

Chancellor George Osborne will be giving his annual Mansion House speech this evening and is expected to focus on the banking reform.

The Treasury Select Committee criticised the content of the Money Advice Service business plan yesterday, stating that the 24 page document for 2012/13 contained only 10 figures.

The Government is consulting on a new general anti-abuse rule to tackle abusive tax avoidance schemes.

Institute of Financial Planning sponsor Standard Life has launched a toolkit for firms on implementing auto-enrolment and its potential cost impact.

Financial Planner Shane Mullins’ Question of Trust campaign is being officially launched to the public on 10 July.