The troubled managing director of the IMF Dominique Strauss-Kahn is facing increasing pressure from the organization to resign.

Consumers are drastically understimating the commissions taken by comparison sites which totaled £650m last year, according to new research.

Annuity and equity release provider Just Retirement has more than doubled the maximum initial loan amount available from its equity release product.

Alliance Trust has published its top 20 most popular funds purchased through platform i.nvest for SIPPs and ISA investments over the 2010/11 tax year.

NFU Mutual has cut the annual management charges (AMC) on its deposit fund due to diminishing returns.

Premier Retirement Solutions (PRS) has launched an annuity comparison service in a bid to help retirees make the most of the open market option (OMO).

At last policyholders know when the compensation they have argued for a decade will start to flow.

SIPP and SSAS provider Curtis Banks has bought rival Montpelier Pension Administration Services (MPAS) for an undisclosed sum.

The government should allow investors to move assets between different wrappers more easily to aid retirement saving, Tom McPhail, head of pensions research at Hargreaves Lansdown said.

The FSA has refuted claims it is failing to fulfil statutory obligations to provide consumer financial education.