The Bank of England's Monetary Policy Committee (MPC) voted to maintain the official Bank Rate paid on commercial bank reserves at 5%.

The Bank of England has held interest rates at 5pc for the fifth successive month.

US small cap funds performed well in August, with the F&C US Smaller Companies fund topping the IMA's performance ratings for the month.

House prices have fallen by 12.7% over the past twelve months, according to figures from the Halifax.

The Bank of England's Monetary Policy Committee (MPC) has voted to keep interest rates on hold at 5%.

The level of apathy among advisers for the implications of the Retail Distribution Review (RDR) is "considerable", a study suggests.

Castlestone Management has expanded its presence in Asia by opening its first office in Singapore.

Annuity rates may have reached a "tipping point" and retirees should begin to consider using the open market option (OMO), Alexander Forbes says.

Stockmarket volatility is prompting a flight to short-term safety as IFAs advise clients to invest in cash and bonds, according to the Virgin Money Investor Intentions Index.

A mortgage broker with a mainly sub-prime customer base has been fined £63,000 for failing to give suitable advice and for providing inaccurate details on mortgage charges.