As the Treasury consultation on removing the requirement to annuitise by age 75 closes, the pensions industry has warned the proposals will only benefit "those who need them the least".
The government plans to save money by distributing National Insurance numbers via a letter rather than a plastic card, as part of its drive to reduce the deficit.
Retirement solutions should have the flexibility to provide both decent pensions and meet long-term care costs if necessary, the Association of Consulting Actuaries says.
City police have arrested a 64-year-old man as part of an insider dealing investigation.
Resolution founder Clive Cowdery has called on fund managers to make the financial services industry more investable.
The number of attempted mortgage fraud cases continued to steadily increase by 37% in the first half of the year, according to Experian.
The five largest lenders in the UK accounted for 82% of all mortgage lending activity in 2009, according to the CML.
Without parental assistance, the average age of a first-time buyer will rise to 43 years old, according to the National Housing Federation. assistance for novice buyers.
M&G won the Outstanding Investment House accolade at last night's OBSR Honours Dinner, held at the Dorchester Hotel in London.
OBSR has handed its Rising Talent award to Jupiter's Cédric de Fonclare, manager of the European Special Situations fund.