News

European banks have borrowed €529bn from the European Central Bank (ECB) in the second tranche of its three-year long-term refinancing operation (LTRO), asking for more support than forecast.

US GDP for the fourth quarter of 2011 has been revised up from 2.8% to 3%.

Aegon has published a guide to State bereavement payments that will be issued with all death claim packs.

The Association of Independent Financial Advisers (AIFA) has launched a campaign to help advisers protect against long-term liabilities.

Half the life insurance claims received by Scottish Provident last year were made for those under 55 years old, the insurer has revealed.

The Financial Services Authority (FSA) has warned shareholders in industrial and provident societies about the suitability of their investments and the risks they face.

Government spending on police force pensions is "unaffordable" and not "fit for the modern world", a report has claimed.

Quantitative easing (QE) will not have a significant impact on pensioner incomes, Charles Bean, deputy governor of the Bank of England (BoE) has claimed.

Honister Capital group chief executive Richard Pearson is to step down after just a year in the role.

The Royal College of Nursing (NCN) has become the latest organisation to reject the government's proposals for public sector pension reform.