The Financial Services Authority has confirmed that it is unlikely to raise the examination standards from Level Four to Level Six.

The Institute of Financial Planning is supporting the campaign for more financial education in schools.

The Bank of England held interest rates at 0.5 per cent today, a rate that has been unchanged since March 2009.

Cofunds saw strong growth in the third quarter of 2011 due to a substantial amount of enterprise business onto its platform.

The total costs of redress for Scottish Equitable customers has cost Aegon UK £100m.

Friends Life has created a new in-house asset management arm which will launch in the second half of next year.

The Treasury Select Committee has branded governance at the Bank of England as “antiquated” and proposed a radical shake-up of the institution.

In support of Financial Planning Week, Defaqto has questioned consumers on their understanding of financial product features.