News

Nationwide's head economist has forecast the base rate may not rise from its historic low of 0.5% until 2012.

Bupa is branding its range of flexible benefits as Bupa Flex-pertise.

Gen Re has backed a community rated income protection (IP) product to compliment state benefits and called on the industry to add its support to the proposal.

The UK has maintained its AAA credit rating largely thanks to the austerity measures of the coalition government, although it remains vulnerable over the long term.

Independent City economist Roger Bootle says soaring inflation fears are unfounded and UK CPI will 'collapse' by 2013.

Otto Thoresen, Aegon UK chief executive, will today warn the RDR will price many consumers out of the market in a speech at the Liberal Democrat party conference.

Self invested personal pensions (SIPPs) have been recommended by 82% of generalist advisers, research from Defaqto shows.

The Chartered Insurance Institute (CII) and the Personal Finance Society (PFS) will publish a 'plain English' version of the FSA's RDR guidance next year, because it says many advisers are still 'very unsure' about how to comply with the new rules.

The €440bn European Financial Stability Facility (EFSF) has been given the highest possible ratings by the three main agencies.

Eleven French banks have been fined a total of €384.9m for colluding on cheque handling charge prices.