Intrinsic Financial Services has reported a pre-tax profit of £24.3m although this figure is skewed by the waiver of preference share dividends and the cancellation of Lloyds preference shares.

The Income Protection Task Force (IPTF) has said it is "delighted" by the recent publication of income protection (IP) claims statistics by insurance companies, and argued the move would boost consumer confidence in the market.

Some 97% of IFAs report taking on new clients since the advent of the Retail Distribution Review (RDR), according to research released today.

AWD Chase de Vere has changed its name to Chase de Vere on Companies House as part of its planned rebrand by parent company Swiss Life.

The last company to release its Income Protection Statistics, Friends Life, has done so today, following an industry campaign by the Income Protection Task Force and the Protection Review.

RSM Tenon has been reimbursed £5.5m following the settlement of a dispute with its professional indemnity (PI) insurers over who should pay for costs arising from its Financial Services Authority (FSA) fine in 2010.

Customer use of mass market advice services remains limited and there is no one 'killer app' for mass market advice, according to a leading research company.

The Financial Services Authority (FSA) was ineffective because it failed to deliver a good balance of 'prudential' and 'conduct' regulation, according to the chief executive of the Prudential Regulation Authority (PRA).

A NEW DAWN?

Pension transfers have seen a 42% rise year on year, according to Origo.