Government proposals to encourage people to save more for their retirement need "careful consideration", according to the pensions industry.

MGM Advantage has joined Exweb to provide IFAs with fast online quotes for its range of annuities.

Spanish banking giant Banco Santander says it now has a 13% share of the UK mortgage market following a series of high-profile acquisitions in 2008.

The Bank of England has cut interest rates again today, down to a new record low of 1%.

House prices rose by 1.9% in January, the first increase since February 2008, according to the latest House Price Index from Halifax.

Mortgage brokers are being warned to ensure they complete thorough due diligence checks on claims management companies before entering into any agreement.

Skandia has launched a free platform price comparison tool it says will help advisers see through the charging "mess" that exists in today's market.

Repossessions expert Moore Blatch has warned that more than 60,000 individuals are running the risk of becoming 'unmortgagable' by declaring themselves bankrupt in 2009.

London's leading stock exchange dropped in early trading on Thursday ahead of an anticipated interest rate cut.

The IMA is calling for the FSA to regulate structured deposits and their distribution to customers.