News

Three-quarters of consumers believe the FSA failed to stand up to the banks in the run-up to the financial crisis and has not done enough to help consumers, according to Which?.

Deputy governor for Monetary Policy at the Bank of England Charlie Bean has said lower inflation next year should both support the mortgage market and consumer spending.

The Financial Services Authority (FSA) said the scope of the European Directive means niche lending areas including bridging, high-net worth borrowers and credit unions may be harmed by the catch-all nature of the rules.

The European Central Bank has made the unexpected move to cut interest rates by 25 basis points from 1.5% to 1.25%, as new president Mario Draghi moves to combat the crisis in Europe.

This week the Financial Ombudsman Service has been brought under the scope of the Freedom of Information Act. We asked, what have you always wanted to know about the FOS?

Addidi Wealth's Anna Sofat has described the findings of HSBC's latest retirement report as having "little relevance for British women."

Aviva's UK life and pensions sales increased by 6% to £8.1m during the nine months to 30 September.

Origo, the eCommerce standards and services body for the financial services industry, has announced Cofunds, Fidelity, AJ Bell and Suffolk Life have jointed its pension transfer service.

US-listed ETFs and ETNs recovered lost assets during October, according to the National Stock Exchange.

National Savings & Investments (NS&I) is restructuring a number of services in a bid to meet cost-cutting targets, with no more savings accounts to be offered through the Post Office.