Royal London, Britain's biggest mutual life assurer, revealed today that £1.1 billion had been wiped from its regulatory capital cushion in the past 12 months because of slumping markets and the deal to buy Resolution assets from Pearl, reports The Times...

The FTSE 100 has been floored this morning as poor financials and mining stocks drive the index down 94.96 points, or 2.44%, to 3,803.89.

Sentiment in the UK financial services industry continues to deteriorate in early 2009, according to the CBI.

I'm not sure how this has happened exactly - I don't think any one particular change or industry issue caused it - but, over the last 18 months or so, I'm getting the feeling advisers and insurers believe protection is the most important area in the market....

John Fletcher considers the long-term gains investors can make from committing to Barack Obama...

Crédit Agricole Structured Asset Management (Casam) and the Edhec Risk and Asset Management Resea...

As the framework for Ucits IV takes shape, Victoria Hartley looks at how this could bring a s...

Income protection (IP) provider Pioneer today unveils a signature-less application process across its entire product range.

The Dow has failed to consolidate yesterday's gains and is currently down 103.78 points (1.31%) to 7820.78 at 11.25 EDT.

The proportion of household income being saved rose significantly in the final three months of 2008, official figures suggest.