Adviser fintech and ratings firm Defaqto has unveiled a new Diamond rating service for investment trusts.

New FCA data has revealed that misleading financial promotions by authorised firms more than doubled from 207 in 2020 to 564 in 2021.

Momentum Global Investment Management (MGIM) is to add a sustainable managed portfolio service to its MPS range.

Asset manager Jupiter has launched a Global Ecology Bond fund as it expands its ESG range.

Over a quarter of married couples have household wealth of over £1m, according to the Office for National Statistics.

The Bank of England has increased its base rate from 0.25% to 0.5% today as it looks to battle rising inflation.

The Bank of England has today increased its base rate by 25 basis points from 0.5% to 0.75%. 

The Bank of England has today increased its base rate by 25 basis points from 0.75% to 1%. 

Research from the Financial Conduct Authority has indicated that risk warnings for investors may need reform.

SIPP provider Curtis Banks has appointed Jessica Tiley as manager of its expanding small self administered schemes business.