COVER reporter Pete Carvill comments on Skandia's resignation from the Association of British Insurers (ABI).

The number of live mortgage products has dropped to its lowest level in five years, statistics suggests.

Gartmore has confirmed it is to make between 60 and 75 employees redundant as part of a global business review and cost cutting exercise.

Two insurance agents have been banned from performing any role in regulated financial services after trading illegally.

The number of UK households that will fall into arrears by the end of the year is likely to exceed forecasts, the Council of Mortgage Lenders (CML) says.

Royal Skandia International, Friends Provident International and Standard Life International have added the EEA Life Settlements fund to their approved lists.

The Government needs to do more to ensure minority groups make adequate pension savings following the introduction of Personal Accounts.

Executives at Citigroup, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the matter, The Wall Street Journal reports....

The Pension Policy Institute's (PPI) calls for early access to pension funds has been backed by Scottish Widows, which says the proposal could help reduce the gender gap in private pensions.

Fidelity International is to shed about 300 staff in the UK as part of an anticipated 1,500 redundancies across three parts of the company.