Chancellor Jeremy Hunt will drag more taxpayers into the 45p additional tax rate by cutting the income tax threshold, he announced in his Annual Statement today.

British workers are saving less for retirement than European counterparts with a third saying they cannot afford to put more into pension savings, according to new research.

Standard Life, part of the Phoenix Group, has appointed Dean Butler to a newly-created role of managing director of retail direct.

Investment and wealth manager M&G has appointed former Sesame Bankhall Group chief Ross Liston as chief executive of its Financial Planning-focused wealth division M&G Wealth Advice.