The value of deposits held by banks in Guernsey soared in Q4 despite the tough economic conditions, according to the Guernsey Financial Services Commission (GFSC).

Adviser demand has prompted LV= to extend its offer of free critical illness (CI) cover for new customers taking out an income protection (IP) plan to the end of the year.

Friends Provident International (FPI) sales have fallen by 11% compared to Q4 last year, while total group sales have plummeted 40% due to the 'tough' economic environment.

Elysium Capital has launched a fund investing in Traded Life Policies (TLPs) for investors in Eastern Europe.

A merger between mortgage sourcing provider Trigold and point of sale solutions firm Crystal has been finalised, IFAonline understands.

Lloyds Banking Group took the axe to generous final-salary pensions in the boardroom yesterday but insisted that there were no plans to end similar benefits for about 60,000 staff, reports The Times .

The FTSE 100 is reversing some of yesterday's strong gains in early trading this morning, shedding 13.07 points, or 0.31%, to 4230.64.

A technology-based network for whole of market advisers is cutting charges for mortgage-only firms by 50%.

This week saw the announcement Trigold and Crystal have merged. Not a surprise in many ways, as both are among the market leaders for supplying mortgage technology solutions, but their respective offerings were focused on different functional niches....

Bright Grey has reported an increase in the number of critical illness (CI) claims paid out over the...