Lloyds TSB plans to launch a mortgage for borrowers with a 5% deposit and backed with an equity loan from a local authority.
A 69 year old man who tried to smuggle £60,000 in laundered money notes out of the UK by hiding it in his underwear, has been ordered to repay HMRC what he owes or face jail.
Members of the University and College Union have arranged five separate strikes over redundancies and cuts to pensions and pay.
The average worker saving into a defined contribution (DC) pension will be £10,000 a year worse off in retirement than those saving at the same rate in 2000, Alexander Forbes says.
About 70% of brokers say the average amount of commission they earn per product has fallen in the past year, research suggests.
Life offices could split to create separate providers for men and women following the ECJ ruling banning the use of gender-pricing, an actuary says.
UK regulators and government departments are being urged to clarify what impact the ECJ's ruling on gender pricing will have on financial products.
Andrew Tully has been appointed retirement income technical manager at MGM Advantage.
Emerging market funds are proving popular for SIPP and ISA investments, according to broker TD Waterhouse.
The anticipated £140 flat-rate state pension will be equivalent to a private pension pot of £217,000, MetLife says.