The Bank of England held interest rates at 0.5 per cent today, a rate that has been unchanged for 30 months.

A third of employees are expected to opt out of auto-enrolment, according to Legal and General.

Lloyds Banking Group was the most complained about bank during the first half of 2011, according to the Financial Ombudsman Service.

NS&I today announced that its Savings Certificates, both Fixed Interest Savings Certificates and Index-linked Savings Certificates, have been withdrawn from sale.

Net retail sales for Investment Management Association members fell in July to the lowest level since October 2008.

Quilter is launching a new platform service to offer advisers access to a range of five model portfolios.

Rensburg Fund Management is set to be rebranded under the Franklin Templeton Fund Management name following approval by the Financial Services Authority.

A bogus financial adviser who used QROPS pension schemes to manipulate his ‘clients’ pension funds to avoid paying tax has been jailed.