The UK has been hit so hard by the recession it now sits below developing countries Nigeria and Panama in the financial stability rankings, says a report by the World Economic Forum today.

The OECD says its leading indicators for August 2009 continue to point to recovery in all major economies including the UK.

Commodities investor Jim Rogers has forecast a boom in commodities as demand for raw materials exceeds supply for the next twenty years.

Principal Investment Management has added two senior managers to its investment team as part of its continuing expansion strategy.

The FSA has fined London-based investment bank and stockbroker Seymour Pierce Limited £154,000 for failing to detect employee fraud carried out over three years.

Lloyds Banking Group has submitted new plans to the FSA in a bid to cut its participation in the government-backed toxic debt insurance scheme.

Widely different attitudes to pensions savings mean employers and employees are "sleepwalking into a retirement disaster", new research from BlackRock suggests.

Gold today hit an all-time high price of $1,043.77 per ounce after a dip in the dollar boosted the attractiveness of metals to investors.

IFAs will now be able to access real-time information about all their new individual pensions business under one roof, cutting the time spent on administration.

Aviva is looking to expand into the Indonesian market over the next year as its growth decelerates slightly in China.