The Bank of England's (BoE) decision today to hold interest rates at 0.5% for the 23rd straight month represents yet another missed opportunity to combat rising inflation, experts say.

The Bank of England has held interest rates at 0.5% and kept its quantitative easing programme at £200bn.

Sales of Global Growth funds on Cofunds hit a record high in January as advisers turn to equities for income at the expense of bond funds.

Banking giant Lloyds is to axe a further 200 jobs across Britain and Ireland.

The direct to consumer platform market is "taking off" as the lines between D2C and adviser-led models blur, says The Platforum.

Cofunds has amended its payment system to allow the automatic sale of units from a client's investment funds.

Only a quarter of firms forecast a shift to fee-only remuneration will benefit consumers, a wide-ranging study suggests.

Cofunds has stressed its "loyalty" to the adviser sector following revelations it has been holding talks with Tesco Bank about a possible link-up with the supermarket giant's financial arm.

Fewer firms welcome the RDR today compared with two years ago, according to a wide-ranging survey by the FSA Practitioner Panel.

The new head of the CBI says it would be a "mistake" to break up the UK's banks.