Financial Planning events postponed as nation mourns

Several events for the Financial Planning community have been postponed as the nation mourns the death of Queen Elizabeth II.

The Bank of England has postponed its interest rate decision which had been due this Thursday.

The new base rate will now be announced on 22 September.

The base rate is currently 1.75% and it had been speculated that this rate could rise by 50 basis points to 2.25%, a seventh consecutive increase in the base rate.

The Financial Conduct Authority has also postponed its Annual Public Meeting in order to observe the period of official mourning following the death of the Queen.

The meeting had been due to take place this week, on Thursday 15 September. 

The regulator has yet to set another date for the rescheduled meeting.

All public bodies, including the FCA, are currently observing a 10-day period of mourning following the Queen’s death on 8 September.

During the period of mourning the regulator plans to only publish updates which it seems as “business critical.”

The Income Protection Task Force’s (IPTF) Income Protection Week (IPAW) has also been rescheduled.

It will now take place between 17 and 21 October, moving from its planned dates of 19 to 23 September.

The IPTF said those Financial Planners who have registered to attend any IPAW days will still have a valid registration and will not need to register again for the new dates.

The planned content and running order for the week will also remain unchanged.

The next issue of Financial Planning Today magazine, due to be published this week, has also been deferred to next week until after the Queen’s funeral.

The decision has been taken as a mark of respect for the Queen whose funeral is due to take place on Monday 19 September.

The next issue of Financial Planning Today magazine includes our annual Financial Planning profession survey and will now be published on Wednesday 21 September.

As a mark of respect on Monday 19 September, now an official Bank Holiday, Financial Planning Today will suspend daily news coverage and pause all regular emails and social media. The website will continue to be available.