A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.

UK - A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.

The warnings have been coming for some time.

Welcome to your New Year crisis! Just before Christmas, when all good folk were doing their bit to boost the UK economy with a bout of intensive retail therapy, two ratings agencies downgraded the rating of Greece's sovereign debt.