Most IFAs believe they need to double the amount of annuity business they write to generate a "credible" income stream, research suggests.

Royal Bank of Scotland (RBS) is to cut a further 4,500 jobs in the UK, bringing total job losses at the beleaguered bank to 7,200 so far this year.

Financials were among the biggest losers as the FTSE 100 slumped this afternoon, driving the index down by 74.58 points (1.87%) to 3,918.96.

The Association of Mortgage Intermediaries (AMI) has unveiled its Spring Sales Development Workshop programme to help mortgage intermediaries develop their sales skills and better meet customer demand.

The Organisation for Economic Co-operation and Development (OECD) has removed all countries from its tax haven blacklist.

The Organisation for Economic Co-operation and Development (OECD) has removed all countries from its tax haven blacklist.

Employers can reap cost savings from pension salary sacrifice in under a year if the employee contributions are in excess of £500,000 per year, Watson Wyatt says.

Royal Bank of Scotland is to cut a further 4,500 jobs in the UK, bringing total job losses at the beleaguered bank to 7,200 so far this year.

The Association of British Insurers (ABI) has defended its decision not to attend the launch of a white paper on the income protection (IP) market, an absence described as "embarrassing".

AXA Winterthur is offering its SIPP customers the chance to invest in a venture fund from Longbow Capital.