Stability may be returning to the index-linked annuities market after several months of significant falls in inflation-linked annuity income, according to Alexander Forbes Annuity Bureau.

On Wall Street, markets saw a turbulent morning, after figures emerged showing US employers cut over 300,000 jobs in May.

Trevor Matthews has taken time out from his role as chief executive at Friends Provident to reply personally to an IFA who expressed his concern about the future of the insurer.

Pensions commentators are hesitant over Yvette Cooper's appointment as Secretary of State for the Department of Work and Pensions.

New figures suggest the UK economy may have shrunk much faster than previously thought in early 2009.

Over 80% of the UK population blames the banking industry for the credit crunch and the economic downturn, according to new research.

Yvette Cooper has become Secretary of State for the Department of Work and Pensions (DWP) as part of the Prime Minister's Cabinet reshuffle.

Reita, the professional body for REITs and quoted property investment, has welcomed HMRC's decision to relax rules on borrowing within SIPPs.

A court victory for Leeds United could prompt a "significant upturn" in litigation against financial services firms in Jersey, as access to the island's justice system is broadened, according to law firm Sinels.

Foreign exchange movements between sterling and the euro mean Premiership clubs have lost out on the likes of Kaka or Tevez since the beginning of the football season.