The Bank Rate has been changed this morning for the first time in more than seven years – with a cut to 0.25%.
The Bank of England has held its base rate at 0.25% for a second month after cutting the rate in August from 0.5%, the first cut in seven years.
Compulsory reporting standards are needed for DFMs to make direct comparison easier for advisers, industry experts have suggested.
Britain’s over 50s are increasingly planning to hold back savings in their pension to pass on their wealth tax-efficiently, a report suggests.
A Chartered Wealth Manager who says he predicted the financial crash of 2008 the year before it happened has been hired by Brooks Macdonald.
Baroness Altmann has hit out at coverage of her comments on changing the triple lock pensions policy, saying her words have been “grossly misrepresented”.
About 330 people applied to become a Financial Planning trainee on a company apprentice scheme, Financial Planning Today has been told.
A pension liberation company has been shut down after an Insolvency Service investigation, which uncovered investments of over £3.3million.
The FCA is weighing up changes in how levels of redress are calculated for cases of unsuitable advice on DB pension transfers.
The first change in interest rates in over seven years “looks almost certain” to be made this week by the Bank of England.