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. 

Seven financial providers have paid £12m in compensation to nearly 60,000 customers after the FCA intervened over the treatment of hard-pressed borrowers.

The Financial Services Compensation Scheme has taken the unusual step of withdrawing its default notice on former advice firm IFG Financial Services Ltd (IFGFS).

Nearly 2,400 financial professionals attended this week's Personal Finance Society's two-day Festival of Financial Planning - the biggest event of its kind this year.

Just 1% of financial advisers and wealth managers “completely trust” the sustainability claims made by funds, according to a new report.

Nearly eight out of 10 clients (79%) of a leading Chartered Financial Planner firm say that taking advice from a Chartered Planner is “essential” to their financial decision-making.

The FCA intervened on a record 4,151 financial promotions between July and September this year, the highest quarterly number since it started publishing the data.

Investors pulled out £7.6 billion from funds in September, the eighth month of net retail outflows this year.

Along with 2,500 other people, I was fortunate enough to attend the Personal Finance Society’s long-awaited Festival of Financial Planning this week. 

Wealth manager and Financial Planner Evelyn Partners, formerly Tilney Smith & Williamson, has reported a sharp rise in group operating income in the third quarter due to strong new business inflows.