The Bank of England's Monetary Policy Committee (MPC) today held interest rates at their historic low of 0.5%.

Outgoing chief executive Hector Sants says the FSA is now a "different and improved regulator" after "radically changing" the way it operates.

Novia has been voted best platform by IFAs using the Platforum as the smaller players win the ratings battle.

Support services firm Paradigm Group has unveiled a new commercial insurance offering to members through Towergate Risk Solutions.

The FSA has banned two insurance brokers for failing to protect client money and assets.

Nucleus has hit break-even point after recording its first profitable month in April.

The total deficit and funding positions of the UK's defined benefit (DB) pension schemes worsened in May, according to the Pension Protection Fund (PPF).

David Cameron's proposed CGT taper relief plan has been condemned as a "dreadful idea" by tax experts.

The UK's largest adviser network has come out strongly in support of an unbundled charging structure for platforms - but warns providing too much information to consumers will be "counter-productive".

The European Union yesterday pledged to go it alone with a banking levy amid continuing disagreements over agreeing a worldwide plan.