A ‘PPI Summit’ is being held today with major banks, credit card providers, regulators and the Financial Ombudsman Service to persuade all parties to work together to improve the claims process.

Consumers who plan what to do with their finances are saving almost double those who worry about their finances, according to National Savings & Investments.

The first payments have been made by the Financial Services Compensation Scheme to victims of MF Global.

The Bank of England’s deputy governor Paul Tucker has forecast that inflation could remain at three per cent until the end of the year.

Independent platform Cofunds is holding a series of workshops during May and June on the transition to fees.

Aviva is simplifying its organisation by removing the regional layer of its management structure.

Hargreaves Lansdown has seen its assets under administration rise to £26bn, according to its interim management statement today.

The Treasury Committee has criticised George Osborne for the leaks preceding this year’s Budget saying they were ‘corrosive of good Government’.

The Bank of England has admitted inflation is failing to fall as fast as it had hoped, according to the minutes of the last Monetary Policy Committee.

HMRC has warned that some funds may no longer be eligible to be used in a stocks and shares Isa from the end of 2012.