A quarter of advisers feel they are unable to take advantage of growing opportunities in the annuities market because they lack the skills to make it profitable.

The FTSE shed more than 21 points by lunchtime today following yesterday's brief rally, with banks taking the worst hit on continuing concerns over exposure to Dubai debt.

Total and permanent disability (TPD) cover will be removed from critical illness (CI) policies and replaced by ability-defining headings, the Association of British Insurers (ABI) has confirmed.

The FSA and HMRC must address widespread confusion over when VAT is applicable to advice-giving post-RDR, industry experts argue.

The FSA has banned a mortgage broker for "wide-ranging management and control problems" and breaching TCF rules.

Stadia Trustees has launched a SIPP with Ipswich Building Society, which will provide access to a wide range of investment vehicles.

Aberdeen Asset Management reported a drop in pre-tax profits for the year to the end of September of 82% to £10.5m, down from £60.5m the previous year.

Almost half (44%) of British adults believe none of the parties vying for votes in the next general election will resolve current pensions issues, research suggests.

HM Revenue & Customs (HMRC) is extending the declaration deadline for taxpayers with offshore investments.

SERA, the Society of Equity Release Advisers, launches today.