Positive Solutions is close to clearing a case checking backlog which was resulting in delayed commission payments to some advisers.

Insurers rallied on Friday following speculation over bid interest in Aviva's general insurance business.

Aviva has turned down an estimated £5bn bid from rival RSA for its general insurance operations in the UK and other markets.

True Potential managing partner David Harrison today met with FSA executives to discuss ways to speed up the application process for firms seeking direct authorisation.

Aegon UK's distribution businesses Origen and Positive Solutions posted combined losses of £2m in the second quarter of 2010.

UK consumers are thousands of pounds off meeting their desired pension income, a survey from Alico Wealth Management reveals.

The top five retirement destinations for British pensioners are Spain, France, the USA, Canada and Ireland, research from Standard Life has revealed

Around 15 million people are facing long delays on their tax rebates as a result of HMRC revamping its security system.

A financial manager who swindled more than £2m from Friends Provident has been sentenced to three years in jail.

David Jones, the former Northern Rock chief financial officer (CFO) banned by the FSA for misreporting mortgage arrears, today described his punishment as "unfair and disproportionate".