More than 85% of retirees will find it difficult to access professional annuity advice because their pension pots are too small, research suggests.

The FSA has praised moves by seven banks to stop selling single premium payment protection insurance (PPI) alongside unsecured personal loans from the end of January.

Poor advice from pension companies, and a lack of knowledge among consumers, is having disastrous consequences for those approaching retirement, according to HFM Columbus.

Inflation fell sharply in December, down to 3.1%, as retailers slashed prices in a desperate bid to encourage Christmas shoppers.

Canada Life International (CLI) has appointed Sean Christian as its new managing director.

After a tumultuous few days for UK banks, Royal Bank of Scotland (RBS) Group rallied early on Tuesday with its share price climbing more than 15%.

Britain's business leaders criticised the government's latest rescue mission and warned that ministers are still failing to understand the depth of the country's financial problems, according to The Telegraph .

Pink Home Loans has revealed it has seen an increase in the number of appointed representative business writer applications.

More than 85% of retirees will find it difficult to access professional annuity advice because their pension pots are too small, research suggests.

Liontrust is set to join the raft of fund houses rolling out long/short offerings this year with the launch of a European Absolute Return fund in the autumn.