Billy Mackay discusses what income drawdown can offer people coming up to retirement

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The Organisation for Economic Cooperation and Development (OECD) says the world economy is near the bottom of the fiercest recession in post-war history.

Stewart Cowley has been appointed as manager of the Old Mutual Global Strategic Bond and Old Mutual Dynamic Bond funds.

Abbey for Intermediaries (AFI) has taken steps to improve its service offering by making changes to its application process, meaning cases that fail to meet the lender's new guidelines will be declined and not reconsidered.

Purported IFA Alan Gardner has been jailed for defrauding British expats in Indonesia of over US$800,000 through a fictitious investment scheme.

Concept Financial Planning has achieved the ISO22222 certification through Standards International.

Nearly a third of non-doms and a quarter of high net worth individuals (HNWIs) are planning to pack their bags and leave the UK following tax changes, according to new research.

No more than a dozen International Finance Centres (IFC) will still be around in a decade's time as offshore jurisdictions come under increasing attack, according to tax experts.

North-west financial adviser Ludlow & Co has agreed an early merger deal with Chris Dewhurst Financial Planning.