There are one million fewer pensioners living in poverty than there were in 2000, according to the latest figures from the ONS.

The average household with someone aged over 75 will lose £2,200 worth of public services per year by 2015, research from Age UK shows.

Iceland's parliament has voted to send former Prime Minister Geir Haarde to court over his role in the financial crisis.

The European Commission will today reveal plans to fine countries posing a risk to the euro to prevent problems seen in Greece from happening again.

French MEPs may veto the Alternative Fund Managers Directive (AIFMD) including a key provision for passporting of investment products, which would allow fund managers to sell products across Europe.

Newly elected Labour leader Ed Miliband used his first address to the party conference this afternoon to criticize the Coalition's deficit reduction strategy, and set out what changes Labour proposes for the economy.

The Pensions Policy Institute (PPI) has warned the government's plan to abolish the need to annuitise by age 75 brings risks as well as flexibility for pensioners.

Ros Altmann, director-general of Saga, has slammed Bank of England deputy governor Charlie Bean after he encouraged people to spend their savings to boost the economy.

Between 2000 and 2009 Britons collectively saved £384bn into pension funds and life insurance products, according to research from Lloyds TSB and the ONS.

With the government's review of workplace pension reform, including auto-enrolment and NEST, due to report back within weeks, speculation is rife on what shape the Coalition's solution to the UK's retirement savings gap will take.