Mervyn King will today become only the second Bank of England governor to address the TUC when he speaks at the union's conference in Manchester.

Axa will begin offering variable annuities before the end of 2010, Michael Gregg, managing director of Axa Global Distributors, has announced.

Financial secretary Mark Hoban has pointed the finger of blame at the Labour government for the scale of payments owed to Equitable Life policyholders following the insurer's near collapse 10 years ago.

The government's plans to remove the age-75 annuitisation rule will make scheme pensions far more attractive to IFAs and clients, Hornbuckle Mitchell claims.

The number of non-retired women with no pension has taken a 7% leap over the past year, according to research from Barings Asset Management.

Japanese officials say deaths of the elderly are going unreported whilst families continue to draw their deceased relatives' pensions.

As the Treasury consultation on removing the requirement to annuitise by age 75 closes, the pensions industry has warned the proposals will only benefit "those who need them the least".

The government plans to save money by distributing National Insurance numbers via a letter rather than a plastic card, as part of its drive to reduce the deficit.

Nicolas Sarkozy says there is "no question" of anyone "distorting" his pension reforms after more than a million people took to the streets in protest.

Over 80% of IFAs have predicted annuity rates will drop over the next five years, according to a survey from MGM Advantage.