Did anyone think the Twenty20 world cup in cricket was a bit like having a penalties only World Cup in football?

Tom McPhail is heading up an industry initiative to tackle Britain's decumulation crisis.

The Government is today expected to unveil an overhaul of the way the City of London is regulated in the wake of the worst financial crisis since the Great Depression, reports The Telegraph.

Insurers are not treating customers fairly by setting up direct-to-consumer annuity services, according to Intelligent Pensions.

Today, IFAonline turns the spotlight on annuities, providing specialist comment and interactive guides to this growing market.

Philip Brown, Head of Retirement Products at Partnership Ltd, offers some essential tips to securing the best retirement income for clients

Foresters Friendly Society is to make a push into the IFA market, believing the time is right for mutuals to tap additional distribution channels.

FSA fines could treble in size to act as a ‘credible' deterrent to firms who breach the rules.

The Government is to relax its pension anti-forestalling rules, raising its contribution limit to £30,000.

The FTSE plummeted over 1% in early trading, dropping to 4,187 points by 8.43 this morning.