Financial Service Authority chairman Hector Sants has clarified the FSA’s decision to oppose the delay for the RDR.

The Financial Services Authority has fined Willis Limited £6.89m for failings in its anti-bribery and corruption systems and controls.

Andrew Tyrie, chairman of the Treasury Select Committee, has criticised the Financial Services Authority’s decision to reject calls for a delay to the RDR.

The National Employment Savings Trust remained within its budget for 2010/11, according to its annual report published this week.

Alliance Trust has published the locations of the highest average Sipp values in the country.

Perspective Financial Group has passed £2bn in funds under management following the acquisition of Oxfordshire practice McGrath Rathbone this month.

Aegon Asset Management is to rebrand as Kames Capital from 1 September.

AXA Elevate has announced a new partnership with Sipp provider Hornbuckle Mitchell.

The Bank of England announced today that it was holding its base rate at 0.5 per cent for the 28th consecutive month.

Sipp company AJ Bell has announced a new investment Isa and dealing account on its Sippcentre platform.