The Financial Conduct Authority will have the power to ban products, according to Mark Hoban MP.
The new regulatory system will need to be held accountable for its actions, according to shadow financial secretary Christopher Leslie MP.
The Bank of England has downgraded its GDP growth forecast in today’s quarterly Inflation Report.
The Institute of Financial Planning Scottish Conference was deemed a success this week.
The Institute of Financial Planning has set up an ‘Ask a Planner’ section on its website ahead of Financial Planning Week.
Almost half of consumers are more concerned about their finances now than they were six months ago.
The Financial Services Authority has fined discretionary investment management firm McInroy and Wood £15,050 for breaching client money rules.
Inflation fell from 5.2 per cent to 5 per cent in October, according to the Office for National Statistics.
