Bank of England Governor Mervyn King says failure to act now on banking reforms could lead to a bigger financial crisis.
Mark Peters discusses the role fixed income can play in a retirement planning portfolio
The Conservative Party yesterday said it aims to complete a radical reform of financial services regulation in just five years.
Interest rates could remain on hold until 2011 but are likely to rise sharply thereafter, according to Skandia.
The Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep interest rates on hold this month.
Boosting economic growth is more important than controlling inflation, advisers say.
UK inflation has hit 3.5%, prompting Mervyn King to write a letter of explanation to the Chancellor.
Barclays has reported a 92% increase in full-year profits.
The Tories would transfer UK financial regulation to the Bank of England within a year of taking power, the shadow financial secretary to the Treasury says.
UK inflation is likely to have risen to around 3.5%, exceeding the Bank of England's (BoE) target for the third time.