The number of fund managers committed to net zero by 2050 has doubled to 81% over the past year but only two in ten (22%) have concrete carbon reduction plans, according to a new report.

The Chartered Insurance Institute has launched a Professional Map competency framework to help insurance and personal finance professionals develop their careers. 

Annuity rates have risen by 35% over the past year to hit their highest point in a decade, according to a new report.

The Bank of England today pushed up its base rate by 50 basis points from 1.75% to 2.25% as it intensifies its drive to curb inflation which is nearly 10%.

The Bank of England today increased its base rate by 75 basis points from 2.25% to 3%, one of the biggest increases seen for 30 years. 

The Bank of England today increased its base rate by 50 basis points from 3% to 3.5% in a move widely expected by experts.

The Bank of England today increased its base rate by 50 basis points from 3.5% to 4% - its highest rate since October 2008.

The Bank of England today increased its base rate by 25 basis points from 4% to 4.25% - the highest level for 15 years.

The Financial Ombudsman Service’s complaint uphold rate dropped to 34% in the quarter between April and June, down from 37% in the second half of 2021.

IFA consolidator firm Radiant Financial Group has acquired Irvine Financial Services, Landmark Financial Planning and Andrew Gibbs IFA for undisclosed sums.