Aberdeen Asset Management, a new sponsor of the IFP, reported growth of 2.5 per cent as assets under management rose to £185.8bn.

Financial Service Authority chairman Hector Sants has clarified the FSA’s decision to oppose the delay for the RDR.

The Financial Services Authority has fined Willis Limited £6.89m for failings in its anti-bribery and corruption systems and controls.

Andrew Tyrie, chairman of the Treasury Select Committee, has criticised the Financial Services Authority’s decision to reject calls for a delay to the RDR.

The National Employment Savings Trust remained within its budget for 2010/11, according to its annual report published this week.

Alliance Trust has published the locations of the highest average Sipp values in the country.

Perspective Financial Group has passed £2bn in funds under management following the acquisition of Oxfordshire practice McGrath Rathbone this month.

Aegon Asset Management is to rebrand as Kames Capital from 1 September.

AXA Elevate has announced a new partnership with Sipp provider Hornbuckle Mitchell.

The Bank of England announced today that it was holding its base rate at 0.5 per cent for the 28th consecutive month.