The European Central Bank (ECB) has cut its key interest rate by 0.5% to 1.5%, marking its lowest rate since Euro rates were set in January 1999.

The European Central Bank (ECB) has cut its key interest rate by 0.5% to 1.5% marking its lowest rate since Euro rates were set in January 1999.

The Association of IFAs (AIFA) says advisers must rally behind it against FSA proposals to raise its annual fees.

Abbey for Intermediaries (AfI) will introduce a new fixed rate intermediary exclusive mortgage, available from Friday 6 March, to all of its key accounts.

Rathbone Income and Growth has been renamed Blue Chip Income and Growth and will sit in the soon to be established IMA UK Equity Income and Growth sector.

Royal Bank of Scotland (RBS) will cut 90 jobs across its offshore locations following a review of its business.

The Association of IFAs (AIFA) says advisers must rally behind it against FSA proposals to raise its annual fees.

The Bank of England has cut interest rates for the sixth consecutive month today, reaching a new record low of just 0.5%.

Norwich Union's inherited estate has lost a third of its value since June 2008, meaning policyholders are likely to receive a significantly reduced reattribution.

Forced retirement at 65 can be justified under European law only if it is a "proportionate" means of achieving a legitimate employment policy, European judges have ruled.