News

Standard & Poor's has downgraded the credit ratings of a raft of eurozone nations including Italy, Spain and Portugal as well as stripping France and Austria of their AAA status.

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Four unions and a pensioner organisation have lodged an appeal against the High Court's ruling in favour of the government change the uprating of public sector pensions.

Schroders' Richard Buxton has revealed the top ten stocks he is backing in his £2.7bn UK Alpha Plus fund heading into 2012.

Lloyds Banking Group chief executive António Horta-Osório said he will not take an annual bonus for 2011, a year in which the company's shares fell by 60%.

Stephen Gay, the outgoing director of AIFA, has defended his tenure in the role and insisted his achievements have not always been recognised by the community, but said he believed it was the right time to move on.

The Reinsurance Group of America (RGA) is once again issuing its set of popular Top Trumps-style cards designed to help demystify critical illness (CI).

The UK economy is edging dangerously close to recession with business turnover declining for the seventh consecutive month in December, according to the latest business trends report.

LV= has changed its underwriting rules to allow more applications to receive an immediate online decision.

AIFA director general Stephen Gay is to leave the Association of Independent Financial Advisers (AIFA) to become director of life, savings and protection at the Association of British Insurers (ABI).