Tory MP Ken Clarke has given up the lucrative grace-and-favour pension pot he is entitled to as Lord Chancellor.

Royal London group chief executive Mike Yardley is planning to step down to focus on helping the industry tackle future challenges.

UK - Royal London group chief executive Mike Yardley is planning to step down to focus on helping the industry tackle future challenges.

Stephen Lansdown has taken a step back from the management of Hargreaves Lansdown by resigning as executive director to pursue other interests.

GLOBAL - Barclays Bank violated US sanctions in dealings with Cuba, Iran, Libya, Sudan and Burma, court papers have revealed.

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.

The Financial Services Authority has fined Gateshead-based IFA N-Hanced £21,000 for exposing their customers to the risk of receiving poor advice about switching their pension.

HM Revenue and Customs has decided investors aged 50 to 55 can transfer drawdown funds between providers while taking income without being subject to tax charges.

A woman who had a sex-change operation 10 years ago has won her battle to receive a pension from the age of 60.

Pension providers are seeing a rise in lump-sum contributions to retirement funds ahead of the Budget, amid concerns the Chancellor will push ahead with plans to cut higher rate tax relief.