Advisers should broaden their business expertise to help clients plan more effectively for how long-term care fees will be paid, Partnership has said.

Governor of the Bank of England, Sir Mervyn King, will signal on Wednesday that interest rates will remain around their record low until the end of next year at the earliest, the Daily Telegraph reports.

Former Aviva chief executive Andrew Moss demanded a 9.5% pay increase in the weeks before he quit after a shareholder revolt over remuneration.

Lloyds Banking Group and the Co-operative are set to agree terms on the sale of 632 of the bank's branches after submitting a revised proposal to the Financial Services Authority (FSA).

Standard Life will roll out RDR-friendly charging structures across its key retail product lines this year, in a move which will see the provider pass fund manager rebates back to new clients on its fund supermarket, FundZone.

ANNUITIES

Advisers with clients in income drawdown should review all such arrangements now to get "ahead of the game" before any potential regulatory intervention, a provider says.

Thousands of former public sector workers have retired on pensions worth about £50,000 a year, twice the average UK age, a report from the Intergenerational Foundation has said.

Friends Life increase new business in the last three months with total sales on reaching £292m - up 8% on the same period last year, results released today show.

Ex-Aviva chief executive Andrew Moss got married the day after shareholders revolted over executive remuneration.