Just 3.4 per cent of advisers say they will be leaving the industry by the end of the year, according to Aviva, a new sponsor of the Institute of Financial Planning.
A 'defective culture' in financial services organisations is to blame for misselling and should be amended in the Financial Services Bill, according to Financial Services Consumer Panel.
KPMG, special administrators of MF Global UK, won approval in the High Court yesterday for the first distribution plan to return £54m in client assets.
Standard Life's latest data - which shows receiving financial advice can boost retirement income - emphasises the need for quality advice, according to a Financial Planner.
The latest £50bn round of quantitative easing will take four months to complete and was supported by seven members of the Bank of England's Monetary Policy Committee.
Consumer prices index (CPI) inflation has fallen to 2.4 per cent in June, down from 2.8 per cent last month, according to the Office for National Statistics.
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