Governor of the Bank of England, Sir Mervyn King, will signal on Wednesday that interest rates will remain around their record low until the end of next year at the earliest, the Daily Telegraph reports.
The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.
The Bank of England's Monetary Policy Committee has resisted calls for further quantitative easing after leaving its programme of stimulus unchanged, with interest rates also kept on hold.
The regulator has set out the circumstances under which the new Financial Conduct Authority (FCA) will exercise its temporary product intervention powers.
More than 74,000 Chartered Insurance Institute (CII) exams were taken in financial services subjects in 2011, the CII has said in its Annual Review for 2011.
The Chartered Insurance Institute has published its Annual Review for 2011, showing a 6% rise in membership and an operating surplus of £1.85m, more than double last year's £0.764m
Some unintended consequences are looming in the pensions and annuities market. As we have known for some time, the use of risk assessment based on gender for insurance policies will be illegal from 21 December 2012. But the EU Commission has now said...
The Financial Services Authority (FSA) has told banks the new regulatory system will push them to weed out potentially harmful products and demand they pay particular attention to treating customers fairly.
The Financial Services Authority (FSA) has confirmed that the 30-month rule applies to most Retail Distribution Review (RDR) activities.
Redress paid to customers who complained about the sale of payment protection insurance (PPI) has now reached £3bn, according to the FSA.