There have been two surveys conducted recently involving young people in the UK noteworthy for their headline revelations, but also cause for concern, according to AXA Wealth International head of proposition Simon Willoughby.

Independent financial advisers (IFAs) must consider the sustainability of a self-invested personal pension (SIPP) provider and not put too much emphasis on short-term factors such as fees, Dentons has said.

The £2bn payday loans industry has been referred for a full-blown investigation by the competition commission over concerns that firms benefit hugely from loans that borrowers can't pay back on time.

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Eighty five per cent of over-55s said they preferred the "do it yourself" approach when it came to financial decisions, according to a survey.

Britain's top bank regulator has called for "ground rules" on lobbying to prevent it destabilising the financial system.

The Bank of England has revealed controversial plans to relax rules governing safety standards for lenders in a bid to provide a £70bn boost to the economy.

Chancellor George Osborne has said he will cap the country's welfare budget each year for the next four years from April 2015 - but the state pension will not be included.

Multi-asset fund returns have beaten investors' expectations over the past three years, according to research from Prudential.

AXA Investment Managers' CEO Dominique Carrel-Billiard is to leave the company, with the head of AXA's Itlaian insurance business Andrea Rossi to take over.