The Bank is seeking an external member of its Monetary Policy Committee to join in September, replacing Dr Adam Posen. Read more ...

Barclays Stockbrokers has increased its support for intermediaries in response to demand for a broad spectrum of investments. Read more ...

Sesame Bankhall Group has created a new risk profiling tool for Financial Planners called Investor Risk Profiler. Read more ...

The Financial Services Authority has fined a financial adviser in Scotland £60,000 for advising clients to invest in unsuitable products. Read more ...

The number of families putting aside monthly savings has risen to 76 per cent in 2012 - despite a rising cost in living, according to Aviva. Read more ...

Skandia has today launched its adviser charging process for Financial Planners using its Skandia Investment Solutions platform. Read more ...

The Institute of Financial Planning has elected Rebecca Taylor FIFP CFP^CM as vice president of its board. Read more ...

The Financial Services Authority has reduced its annual funding requirement for 2012/13 from £578.4m to £559.8m. Read more ...

Research by HMRC has found that there is low engagement between consumers and their taxes with just 10 per cent knowing the exact amount of tax they paid. Read more ...

The Institute of Financial Planning has found only 35 per cent of Paraplanners intend to progress to becoming Financial Planners. Read more ...