Saga

Annuity rates have mostly remained constant over the past month with Aviva still in the top spot, according to the latest figures from Alexander Forbes Annuity Bureau.

PruProtect has teamed up with Saga to launch a new life policy with guaranteed acceptance, with no health questions, and fixed cover and premiums for life.

Saga, the financial services and leisure group which targets the over-50s, is set to land its staff a £500m windfall and is considering a stock market flotation, says the Daily Telegraph .

Over 80% of the population are unaware their offspring will face an inheritance tax bill if they delay inheritance until aged 21, according to research from Saga.

Mortgage lender Bradford & Bingley today reported a fall in annual profits after a hefty provision for endowment mis-selling claims, but said its lending had reached a new record, reports the Guardian .

Dr Ros Altmann, a former government adviser, has called on Gordon Brown to provide a "clear, simple solution" on compensation for pension campaigners.

The 'silly season' prompts stories which usually wouldn't see the light of day so IFAonline's Silly Season Shorts highlights the 'financial services news' hoping to catch the media eye.