Network Data, an intermediary network and property company, has been approached over a possible takeover deal.

Concern is mounting as the US plans to declare war on offshore jurisdictions as a 'lazy catch-all' report is seeking to justify a possible financial offensive.

Icelandic bank Straumur-Burdaras is considering shifting its legal domicile and stock exchange listing to London or Stockholm, according to the Financial Times.

After a slump in Middle East and Northern Africa (MENA) region funds, international investors adding to short-term downward pressure will take some time to venture back into the region.

Aegon UK has appointed former head of HBOS's corporate division, Adrian Grace, as group development director.

Aegon Asset Management has appointed Ian Cooke as head of North American equities.

The Association of British Insurers (ABI) has stepped up its defence of payment protection insurance (PPI) by releasing unemployment figures it says demonstrate its value.

AIG Life has launched a special rate on its Guaranteed Income Bond offering assured rates of up to 5% AER.

ABI director of life and savings, Maggie Craig, has been appointed its first director of Scottish affairs.

Investors are increasingly switching from cash ISAs to stocks and shares ISAs in order to achieve a higher return.