Income drawdown should not only be the preserve of the wealthy, according to Rockingham Retirement.

Coventry Building Society has reduced rates and increased LTVs on its range of residential and buy-to-let fixed rate mortgages.

A computer error led to 7,000 Aegon income drawdown customers receiving overpayments.

A rise in consumer-focused shares helped push the UK's benchmark share index ahead despite profit-taking in miners and banks.

Siobhan Record is a paraplanner and trainee financial adviser for Worcestershire-based Prosser Knowles. She joined the firm earlier this year and is its first paraplanner.

The FSA has censured two senior figures at Dresdner Kleinwort for committing market abuse.

Markets opened to a volatile start this morning after shares made major gains on improvements in the commodities market.

The manager of Fidelity Multi-Asset Strategic has shrugged off his defensive stance, in the belief that early growth signs in recession-hit world economies will not fade as some analysts suggest.

The Conservatives will cut back on child trust funds (CTFs) if they win the next election.

Park Row is in talks with Personal Touch and Tenet Group over the possible transfer of its advisers.