Interest rates for the new 'pensioner bonds', announced in the Budget 2014, have been set at a market-beating 2.8% for the one-year product and 4% for the three-year bond.
Three things that changed advice forever in 2014
Andrew Fisher, the former chief executive of restricted national advice business Towry, has been appointed to wealth manager Davy Private Clients' advisory board.
The FTSE 100 has fallen a further 1.5% this morning, taking losses for the week to over 5%, as investors continue to fret over a plunging oil price and latest developments in the eurozone.
The Scottish government could issue bonds from next April after the Treasury confirmed it had begun a formal process to introduce legislation to that effect.
Bill O'Neill, head of investment office UK at UBS Wealth Management, shares his views on where the risks lie in markets in the coming year.
As people live longer than ever before and traditional sources of income fail to yield enough for lengthy retirement periods, choosing the correct income source is becoming essential.
Asset managers in the US may face bank-style stress tests and a ban on the use of derivatives in retail funds in the latest initiative proposed by the Securities and Exchange Commission (SEC).