Scottish Life is developing an income drawdown package to better support advisers setting up the product ahead of potential Financial Services Authority (FSA) regulation.

A Gibraltar-based law firm and Australian financial advice firm have been added to the list of defendants in the £52m GP Noble civil lawsuit.

Aegon is to delist from the London Stock Exchange (LSE) next month as the benefit does not justify the cost, the insurer has announced.

Payday loan firm Wonga has been criticised by the Office of Fair Trading (OFT) for using aggressive and misleading debt collection methods.

Business secretary Vince Cable is a "socialist" who should have never been given responsibility for business policy, Adrian Beecroft has claimed.

Quantitative easing (QE) has been an "unmitigated disaster" for anyone about to retire or people who have just bought an annuity, a pensions expert has said.

Insurer Prudential is set to name Paul Manduca as its next chairman after a five-month search to replace Harvey McGrath, the Telegraph reports.

Less than half the UK population are saving enough to fund their retirement and UK pension saving overall has dropped to record low levels, a report has found.

Taxpayers face a £2bn loss from bailing out Northern Rock but it should be seen as a the price paid to secure 'financial stability', the National Audit Office (NAO) has said.

Greece will stay in the euro despite on-going political instability as the potential economic fallout from its exit would significantly hit global markets, a fund manager has said.