The ABI is considering proposing a protection scheme in which moderate-to-high earners are "encouraged" to buy their own protection rather than rely on state support.
Tax hikes or spending cuts to the tune of an extra £20bn will be needed by 2013/14 to close the fiscal gap, according to PricewaterhouseCoopers.
Labour peer and donor Lord Paul will end his controversial "non-dom" status from the next tax year, he has confirmed.
Perspective Financial has launched a corporate pension and employee benefits division.
Prudential rushed last night to complete a Hong Kong listing for its shares amid doubts investors would approve its record $35.5bn acquisition of AIA, the Asian division of American International Group (AIG).
China could end its near two-year currency peg on the dollar as soon as next month, according to respected economist Professor Nouriel Roubini.
Oscar fever is everywhere today following the 82nd Academy Awards last night. Not to be outdone by Hollywood, we have compiled our own list of the winners and losers of the 2010 financial 'Oscars'.
From pet cover to soap storylines, Kevin Carr dissects the latest protection industry developments in his exclusive monthly blog.
Sharp rises in savings rates for 2009 were driven by lower tax payments, low mortgage interest payments and higher social security payments, not long-term increases in savings, PricewaterhoouseCooper (PwC) analysis suggests.
World stock markets rose after midday on better-than-expected US jobs data.