Only five per cent of consumers are aware of the changes being implemented by the RDR.

The Sipp market is set to grow by 15 per cent annually, according to Suffolk Life.

The Bank of England has increased the size of its asset purchase programme to £275bn.

The prestigious Financial Planner of the Year award has been won by Institute of Financial Planning member Matthew Hodge CFP^CM for the third consecutive year.

Financial services firms have responded to the news that the Bank of England has announced a £75bn increase to its asset purchase programme.

Towry’s head of risk and compliance left this week, days after the firm was fined £494,000 for giving misleading information to the Financial Services Authority.

Some 84 per cent of advisers do not think the re-labelling of the Investment Management Association sectors would help consumers understand risk, according to Skandia.

Executive chairman of Threadneedle Investments Simon Davies has announced his retirement from the firm.

The Institute of Financial Planning has re-launched its popular website with new features and a new design.

A series of gap-filling workshops by the JP Morgan Asset Management Academy is available to book now.