Money news from the BBCBBC News - Your Money
The latest stories from the Your Money section of the BBC News web site.
Annuity sales 'unfair and opaque'
The way annuities are sold is costing half a million retirees each year as much as £1bn in future pension income, the National Association of Pension Funds says.
1.1 million face £100 tax fines
Just over one million taxpayers face a penalty of £100 for failing to submit their self-assessment tax returns on time, HM Revenue and Customs says.
Personal insolvencies 'down 11%'
Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.
'Sale and rent back' closed down
The sale and rent back industry has been almost completely closed down, says the Financial Services Authority.
Mobility aid sellers in spotlight
Action has been taken against mobility aids traders following a warning from the regulator over sales of the products.
Hackers fool bank security system
Criminal hackers have found ways around new security devices used for online banking, the BBC has learned.
MPs reverse Lords welfare defeats
MPs overturn a series of defeats inflicted on the government's welfare reform bill by peers, voting to reinstate child benefit into the proposed £26,000 total cap on payments.
Ash claims finally given go-ahead
Some 300 travellers with insurance claims resulting from the ash cloud disruption in May 2010 will finally have their cases resolved.
Winter freeze for UK house prices
UK house prices started the new year with a slight decline - falling by 0.2% in January compared with the previous month, the Nationwide says.
Case for tax cuts 'is stronger'
The argument for the chancellor to cut taxes to boost the economy is stronger than it was a year ago, the Institute for Fiscal Studies says.
Pension scheme availability drops
The proportion of final-salary pension schemes still open to new recruits in the private sector fell last year from 18% to just 16%, figures show.
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