Consumers are increasingly pessimistic about the Bank of England's ability to control high inflation, but few have a plan to move their savings out of banks and building societies to seek higher returns.

RBS chief executive Stephen Hester has told MPs he considers his remuneration package to be low by industry standards.

FSA chairman Lord Turner last night said the amount of high quality capital banks should hold as a risk buffer should be double the current requirement.

As he marks 25 years in the industry, Keith Churchouse remains optimistic about the future of independent advice, writes Rahul Odedra.

The UK's economic recovery slowed in the second half of last year and will remain 'subdued' throughout 2011, the Organisation for Economic Co-operation and Development (OECD) predicts.

The UK unemployment rate rose to 8% in the three months to the end of January, lead by the highest number of out of work young people since records began.

MPs are calling for evidence from the industry after launching an inquiry into the level of financial education in primary and secondary schools.

The Treasury Select Committee (TSC) has stressed to the government that HMRC must not be above the law and should remain subject to legal challenge.

Standard Life has promised to provide support for a wide range of back office systems despite its recent £42m acquisition of Focus Solutions.

Support services provider SimplyBiz is unveiling extra compliance support to aid the increasing numbers of firms and advisers it expects to leave networks in the run up to RDR.