The Bank of England has held its base rate at 0.25%, it announced at midday.

The former Pensions Minister has suggested the Government doesn’t understand what Financial Planners do and claimed they lack a strong body to represent them.

The ombudsman has ordered Prudential to pay a couple £35,600 after their endowment policy was fraudulently cashed in.

Cashflow modelling is an extremely good tool where ‘appropriate’, the Personal Finance Society’s chief executive says.

The ABI has hit out at plans to make product providers cough up more to fund the FSCS, suggesting they are unjustified.

Liontrust is to acquire Alliance Trust Investments (ATI) in a deal worth up to £30m which will see ATI’s Investment team and its 11 funds move to Liontrust.

Standard Life has revealed changes to its charging structure for Elevate customers.

The Personal Finance Society has expressed its disappointment that the FCA has ruled out a product levy to help fund the FSCS.

New PII rules are being considered by the FCA in a bid to prevent firms from “riskier practices”.

Product providers will have to cough up more to fund the FSCS under plans unveiled this morning.