The Bank of England made a surprise intervention today when it stepped in to stabilise market liquidity by increasing its government bond purchase to a potentially unlimited amount.

Investment and wealth manager M&G has hired ex-AXA IM CEO Andrea Rossi to be its next chief executive on a package potentially worth over £5m a year.

Chris Philp, Chief Secretary to the Treasury, has refused to confirm that the State Pension will be uprated in April in line with inflation.

Funds managed by Investment Association (IA) members reached a milestone figure of £10 trillion for the first time in 2021.

Financial Planning firms have cut back on recruitment and growth plans as they reassess ambitions for 2022 due to the cost-of-living crisis, according to a new report.

The Financial Conduct Authority has expressed concern that mounting pressure on household budgets may force some customers to cut back on essential insurance, leaving them without protection. 

Adviser training provider Redmill Advance has been acquired by education firm consolidator Kinrock for an undisclosed sum.

The Government has corrected its initial guidance on underpaid State Pensions after a number of errors were spotted.

The Office for National Statistics (ONS) has issued a set of improved UK gross domestic product (GDP) figures for April to June.

Financial advisers and providers should not underestimate the extent of what will be expected of them under the new Consumer Duty, according to the Financial Conduct Authority.