As regards a jacket I have the Madison Pursuit Waterproof Jacket.

It is totally waterproof, I have ridden home in some torrential downpours and it has kept me dry, and more importantly relatively cool, the fabric is on a par with eVent for breathability fabrics. It is also lined in a mesh material with means you can wear a short sleeved t-shirt in warmer weather without that clammy feeling you sometimes get with rain gear. I have the hi vis yellow version, but if this is not to your taste, they have a more restrained colour. Okay, there is not much in the way of reflective material, but I rely more on good lights for in that regard. Another thing I like about is that is is stain resistant, any spots of road dirt thrown at it just wipe off.