Keep up to date with all the key points from the Chancellor's Budget as they happen.

John Simmonds has stepped down from his role as chairman of Bluefin Corporate Consulting and Bluefin Wealth Management to pursue other interests.

The Bank of England has increased its quantitative easing programme by a more than expected £75bn in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.

A bogus financial adviser who fraudulently manipulated his "clients'" pension funds to avoid paying tax of over £1.9m has been jailed at Hull Crown Court for three years.

Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.

The FTSE has suffered sharp falls in afternoon trading with banking stocks leading the plunge into the red amid renewed euro debt concerns.

Simon Skinner has been appointed chief operating officer as part of a reshuffle in Aegon's leadership team.

Equitable Life has urged the government to honour the Parliamentary Ombudsman's recommendation to make fair payments to policyholders.

The Tax Incentivised Savings Association has appointed current director of portfolio and retirement planning Malcolm Small to the new position of director of policy with effect from July 1.

Buyout vehicle Resolution has bought Axa Life for 2.75bn in a deal part-funded by a rights issue of approximately £2.05bn.