MetLife is gearing up to sell its bulk annuity arm in a deal worth hundreds of millions of pounds, according to Sky News.

Sir Mervyn King voted to increase quantitative easing (QE) by a further £25bn at February's Monetary Policy Committee (MPC) meeting, latest minutes reveal.

Andrew Bailey has been named as the chief executive of the Prudential Regulation Authority (PRA).

The Financial Services Authority (FSA) has fined three Lloyds Banking Group (LBG) firms a total of £4.3m for failings that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.

Verbatim Asset Management's discretionary fund manager (DFM) offering is now available on Suffolk Life's single investment manager self-invested personal pension (SimSIPP).

Barclays' workplace savings division has linked with Aegon and Zurich to provide occupational pensions.

Advisers should act now to use ‘carry forward' to protect clients' tax relief on pension contributions ahead of the top tax rate cut, according to Suffolk Life.

Businesses affected by the interest rate swap mis-selling scandal should have their payments suspended, according to a senior Treasury minister.

Enhanced annuity provider Partnership Assurance is set to be floated on the stock exchange in a £1bn listing, according to the Sunday Times.

The Liberal Democrats are considering whether to extend their 'mansion tax' policy to cover other properties, including second homes.