Nearly all (98%) Britons say they would take out optional insurance premiums for holidays, pet cover, and mobile phones before considering insuring their retirement income, research by Aegon suggests.

FSA plans requiring IFAs to hold capital of at least three months of their annual fixed expenditure risk the sustainability of the sector, warns the Association of Independent Financial Advisers (AIFA).

Britain risks a "public debt spiral" unless the Government takes "drastic" action to slash its deficit, according to the Organisation for Economic Co-operation and Development.

Advisers must make customers understand their decumulation choices are as important as initially saving towards a pension fund, says Aegon.

People who really need good financial advice risk being shut out by FSA-led industry reforms, shadow pensions minister Nigel Waterson says.

British home owners in Spain are set to reclaim £283m they were illegally overcharged by the Spanish government.

Age is no barrier to attaining further qualifications, results from the latest round of Chartered Institute for Securities and Investment (CISI) exams suggests.

The FSA has fined a former Pacific Continental Securities UK stockbroker £24,000 for insider trading.

Standard Life has hired James England as senior business development manager for its discretionary investment and wealth management business.

Advisers are missing out on a "golden opportunity" by failing to exploit the crossover between personal and corporate clients, according to the founder of the Specialist Pensions Forum.