Expectations for inflation in Britain remained unchanged in December, despite the recent rise, figures from the Bank of England show.

The popularity of fixed-rate mortgages declined even further in November, according to John Charcol, with only 21.3% of its clients choosing a fixed rate.

Insurers are planning to introduce a new product to help companies limit the financial fall-out when their brands or high-profile spokesmen such as Tiger Woods suffer reputational damage, reports the Financial Times.

Paradigm Partners has signed up its 300th IFA firm.

Malcolm Small says the FSA's decision not to read across adviser charging to the protection market is a pragmatic recognition of different sectors of the industry.

The FSA has banned Nighat Mirza, a partner at a Manchester-based mortgage brokerage, for lacking competence and for failing to manage the firm's affairs properly.

The FSA says the establishment of an in-house professional standards model will be cheaper than setting up an independent organisation.

Novia is linking up with The Pension Performance Review Company to provide advisers with a system for simplifying the process of transferring pensions on wraps.

The FTSE 100 opened morning trading in positive territory, with financials leading the way.

House prices continued to rise in November - despite an increase in the number of properties available.