Forecasts used by the Bank of England to set interest rates are biased and contain little useful information, according to a Financial Times audit.

Prudential is expected to palm off part of the cost of its aborted £24bn bid for Asian rival AIA on to the UK taxpayer.

Just Retirement generated record new business in the 12 months to June, exceeding the £1bn mark for the first time.

National IFA 2plan says better than anticipated growth in turnover for the first half of the year means it is on track to hit profitability earlier than expected.

Experts are bracing themselves for a "firesale" of protection products next year ahead of a rule change which could see premiums soar by 10%.

The ABI has linked up with the taxman to issue guidance on the VAT liability for adviser charging.

The FSA has launched a probe into sales of an AIG bond fund product by RBS' private banking arm Coutts.

The Chartered Insurance Institute's (CII) QCF Level 4 alternative assessment will cost advisers in the region of £2,000.

Barclays has so far paid £194m to settle a US-led probe into payments made to countries or people on a sanctions list.

The Financial Services Compensation Scheme (FSCS) could be forced to pay out to hundreds of investors who lost money in Keydata, not just through ISAs, in light of evidence directors knew as early as 2005 their promotional literature was "misleading"...