Aegon has signed a deal with global wrap provider GBST to help push the insurer's drive into the ‘at retirement' and ‘workplace savings' markets.

Fairpoint Group, the debt solutions business, acquires a 100% share in price comparison company Moneyextra.com.

UPDATE 12pm: The FTSE 100 index has climbed almost 1.6% in morning trading after strong late gains overnight on Wall Street.

The Chancellor will have no power to solely remove the head of the independent Office for Budget Responsibility (OBR), George Osborne has pledged.

George Osborne and Vince Cable fear rationing of lending to small firms could reverse the recovery.

Prudential will lobby the Government to back down over plans to raise the charge on unused pension funds on death, which it says will disproportionately hit basic-rate taxpayers.

The UK's overall GDP growth forecast is at "significant risk" if business investment is not as robust as the Office of Budget Responsibility (OBR) predicts, ministers warn.

The closure to new business of National Savings & Investments' (NS&I) index-linked savings certificates will impact every client, IFAs say.

The FSA has secured almost £4m in compensation for victims of an unauthorised collective investment scheme.

Kerrie Kelly has left as head of the Association of British Insurers (ABI) after barely six months in the post, according to reports.