The majority of financial advisers have admitted to having little or no understanding of exchange traded funds, according to Skandia. Read more ...

Households are £34 a month worse off than a year ago as inflation remains high and spending growth weak, according to Lloyds TSB. Read more ...

Bank of England governor Mervyn King has announced the Bank and Treasury are working together on a ‘funding for lending’ scheme for banks. Read more ...

Firms and organisations have responded to the Government’s White Paper on banking reform. Read more ...

Institute of Financial Planning staff will be helping advisers transition to RDR at Ascentric’s new RDR workshops. Read more ...

The Government has published its White Paper on the banking reform proposals put forward by the Independent Commission on Banking and Sir John Vickers. Read more ...

Financial guru Martin Lewis hit out at the Money Advice Service yesterday, branding the service a ‘brand-building narcissistic exercise’. Read more ...

Chancellor George Osborne will be giving his annual Mansion House speech this evening and is expected to focus on the banking reform. Read more ...

The Treasury Select Committee criticised the content of the Money Advice Service business plan yesterday, stating that the 24 page document for 2012/13 contained only 10 figures. Read more ...

The Government is consulting on a new general anti-abuse rule to tackle abusive tax avoidance schemes. Read more ...