Fewer pension savers are taking the open market option (OMO) when purchasing a retirement income product, according to the Association of British Insurers (ABI).

Companies with a proactive communications strategy will be better placed to minimise possible member distress over defined contribution asset falls, Fidelity says.

Gordon Brown is spearheading a crackdown on 'tax havens' by the world's wealthiest nations.

The action group for depositors in collapsed Kaupthing Singer & Friedlander (KSFIOMDAG) is 'devastated' the court will adjourn the decision of whether a Scheme of Arrangement should be used to return depositors' savings.

Two in five British people do not have any pension arrangements in place, according to research from Fairinvestment.co.uk.

Axa dominates the nominations for the 2009 LifeSearch Protection Awards after scooping six trophies last year.

Legal & General (L&G) will assess which of the advisers at its mortgage network are best at selling protection alongside a mortgage.

Axa has seen its share price fall by 14% today after Standard & Poor's cut its rating for the insurer.

Repossessions increased by 54% in 2008 as 1 in 50 mortgages were in serious arrears, according to the Council of Mortgage Lenders (CML).

New lending for buy-to-let (BTL) in the final quarter of 2008 was its lowest since 2003, figures from the Council of Mortgage Lenders (CML) suggest.