The FCA has done a pretty good job in cracking down recently on scams and dodgy financial promotions, stung into action by some major failures over the last few years. It’s having less success playing ‘whackamole’ with the legion of social media influencers and hucksters who pervade some parts of the internet. It’s no surprise […]

The Personal Finance Society board is to investigate complaints from parent body the Chartered Insurance Institute that it has made a number of governance failings. In an update to PFS members today, interim PFS CEO Don MacIntyre said the board would look into accusations by parent body the CII that there were several governance failings at the […]

SIPP provider and wealth manager Mattioli Woods – and its sister fund management company Amati Global Investors – have donated nearly £170,000 to charities across the country. Much of the money will help charities deal with a drop in funding from public donations. The money mainly comes from Amati which has continued its policy of […]

The Bank of England today increased its base rate by 50 basis points from 3.5% to 4% – its highest rate since October 2008. The Monetary Policy Committee voted 7-2 to increase the rate to its highest level for 14 years. The rate was last at 4% or higher in October 2008 when it was 4.5%.  […]