UK house prices fell 16.2% last year with a drop of 2.2% in December alone, according to Halifax's House Price Index.

The suffering mortgage market had a slight boost in November as net lending by building societies rose to £422m from £413m in October, although approvals dropped.

The state pension should double to give retired people any hope of living comfortably, according to Friends Provident.

The majority of Nationwide Building Society's tracker mortgage customers will not feel the benefit of any further cuts in interest rates, following an announcement by the lender today.

The FTSE 100 opened 2009 in positive territory with a rise of 15.07, up 0.34% to 4449.24 by 09.00 GMT.

Investment guru Warren Buffett's Berkshire Hathaway has been hit with its worst annual performance in 30 years with a 32pc fall.

Our panel of industry experts debate the key issues the equity release industry has had to get to grips with over the past year as well as giving their predictions on how it will develop

Mark Gettinby looks at how the perception of equity release is changing

Legal & General (L&G) is encouraging brokers to investigate client databases and contact those who h...

The FOS reflects on outcomes of ABI guidance