The Bank of England warns inflation is likely to stay above the 2% target throughout 2011, given the upcoming rise in VAT and continuing increases in import prices.

Alun Beynon, the head of Aegon's individual protection business, will step down from December.

Government austerity measures may have to be rethought if the recovery slows, the International Monetary Fund (IMF) has warned.

The Financial Services Skills Council (FSSC) is launching two major reviews of its Professional Competencies standards for compliance and anti-money laundering and pension scheme administration.

MPs have been granted a three-hour slot for a full Parliamentary debate on the RDR.

Legal & General (L&G) has reported a small decline in sales through IFAs, and says it is increasing its focus on transitioning advisers and bancassurance.

Many tax reliefs could be scrapped as the Office of Tax Simplification (OTS) begins reviewing over 1,000 business and individual allowances and exemptions.

Keydata had no discretion to buy or sell bonds and so was not involved in investment management and could not be included in that FSCS sub-class for the purposes of recovering compensation costs, a court heard today.

The FSCS decided to allocate Keydata compensation claims to the investment intermediation sub-class before consulting the industry and ignored calls for a review into its decision, a court heard today.

Life giant Prudential has decided not to invest millions of pounds developing a wrap platform because it believes in future the technology could be given away free, according to head of intermediated distribution Andy Curran.