Britons will waste an unnecessary £9 billion in tax payments this year, it has been predicted.

The national pension scheme is brought into deficit by subsidiary costs, it has been suggested.

Age and experience give older employees the advantage over their younger counterparts, it has been suggested in light of the recession.

Consumers face a tough financial future as taxes and interest rates increase, according to one expert.

Gold proved to be the asset with the best return during the last decade, giving more than any other precious metal, it has been confirmed.

An MGM Advantage income annuity deal has been awarded five stars by Moneyfacts due to the product's simplicity, low charges and income flexibility, making it the first company to receive the honour.

A Barclays Wealth defined return plan (DRP) which will offer an investment capital at full maturity has been re-issued.

HSBC accounts that have been lost or forgotten have been reacquainted with customers, amounting to £10.4 million, it has been announced.

Pet insurance plans help to remedy the unforeseen costs accrued as inflation rises, it has been suggested.

Gas supplier npower is to reduce its prices by seven per cent, making it the fourth provider in the Big Six to cut its customers' bills.

Barclays has launched a new debit card which caters for the day-to-day needs of small to medium businesses and has been lauded as the future for all purchases.

Energy bill payers could make "substantial savings" if they used the internet to compare different price cuts, it has been suggested.

There has been an increase in consumer confidence in recent months, it has been suggested.

The Virgin current account which charges upfront costs to ensure customers understand their monthly charges and rates has been called an innovation by one specialist.

Pensioners have been advised to take care when buying travel insurance due to overnight price hikes targeted at 65-year-olds.

Barclays Stockbrokers has launched a new FTSE 100 structured product, aimed at offering investors advanced returns over a five-year period.

Safe Home Income Plans (SHIP) has announced its commitment to providing financial stability for the elderly with equity release plans, after a parliamentary group convened last week to discuss retirement funding.

JP Morgan Asset Management has warned investors that relying on the best performers in the cautious managed sector is unsafe and may result in buying a fund with the highest underlying risk.

Smokers, who pay almost two times more than the average person for life insurance, could save up to £2,000 if they quit mid-policy, it has been suggested.

Scottish Widows is offering an online financial planning book to ensure its customers are up to date with the latest financial developments in the coming year.