The Financial Services Authority has announced it will require all banks, building societies and credit unions to display information explaining deposit guarantee schemes to their customers.

The Government has launched a new tax calculator app to enable people to work out how much tax they pay and how it is spent.

Fidelity has appointed former Aviva Investors UK Funds chief executive John Clougherty as head of UK Retail.

Monetary Policy Committee member David Miles has argued that quantitative easing is still effective and should be expanded despite concerns it had little effect.

Senior executives from Nest, the National Employment Savings Trust, debated with industry experts this week on the best way to communicate with a new generation of savers.

Paraplanners have warned that working in outsourcing should not be viewed as a way to gain experience but rather they should already have the necessary technical experience.


Independent wrap platform Ascentric has announced the launch of the Ascentric Open Day on the last Wednesday of each month.

The gap between Financial Planning and Paraplanning is becoming blurred, according to Paraplanning expert Richard Allum.

The Financial Services Authority has clarified its guidance on Centralised Investment Propositions for adviser firms.

The Office for National Statistics says that UK gross domestic product (GDP) decreased in volume terms by 0.3 per cent in the first quarter of 2012, revised from a previously estimated decline of 0.2 per cent.