Munich Re says the astute running of its portfolio by asset manager MEAG helped it stay in profit in 2008 despite what it calls "the most severe financial crisis for generations".

The FSA has launched a suitability template on pension switching advice as part of an industry-wide review.

The protection insurance industry is to fund a comprehensive planning exercise designed to advise on how best to get consumers to engage with the protection industry.

London's blue chip stock exchange rocketed upon opening as RBS's new executive team axed some long-term boardroom members.

Banks dependent on taxpayer support are planning to rush out hundreds of millions of pounds in bonuses to senior bankers and traders before a threatened crackdown, The Times reports.

A tool enabling advisers to compare the various services and charges on UK platforms has been launched by consultancy firm The Platforum.

2009 will be an interesting year for SIPPs. The collapse of interest rates will mean increased clarity in fee structures as certain providers won't be able to prop up their cheapish looking fees by relying on taking up to 1.5% of the interest rate earned...

Omega Commercial Solutions (OCS) and Commercial Mortgage Solutions (CMS) have formed a strategic alliance, joining together to create a commercial processing hub in order to centralise many of the firms' complex processes.

Standard Life is blaming IFAs for the loss of client money held in its controversial Sterling Pension fund, advisers claim.

Regulators from Guernsey and the Isle of Man have voiced their disappointment over the FSA's dealing with the jurisdictions at the height of the Icelandic banking crisis.