The biggest fall in consumer spending since 1981 saw US economic growth shrink by 6.2% in the final three months of 2008, far sharper than forecast.
Legal & General (L&G) has put together a team of specialists to help smaller advisers write more protection business.
Cuts in pension staff will be "key" to a restructuring at Legal & General (L&G), the insurer says.
Gartmore has appointed Nigel Davies as supporting manager and analyst on its offshore AlphaGen EtaCas fund.
The Government is under pressure to sack Treasury Minister, Lord Myners, who approved a £693,000-a-year pension for former RBS boss Sir Fred Goodwin, despite the bank posting losses of over £24bn.
Canada Life International Limited (CLI) is expanding its international fund range with the launch of the GHC Resilient funds.
Popular directory provider 118 118 is using unreliable websites to source "financial advice" it then passes on to consumers using its 'Ask Us Anything' service, an IFAonline investigation has uncovered.
Product innovation in income protection helped drive an 11% rise in policy sales in 2008, the Income Protection Task Force says.
Scottish Widows increased profits by 6% during 2008, with life and pensions sales driving much of its growth.