The Hartford has released results of a survey showing only 15% of British consumers would consider investing in an offshore bond.
Economists have called for other countries to follow the lead of the UK Government following its announcement that it will shore up RBS, HBOS and Lloyds TSB with £37bn. That action, they said, should be taken sooner rather than later.
A shake-up of the remuneration structure at Buckles Investment Services will see advisers rewarded for upping client visits and boosting renewal business.
The number of equity release plans sold this year has fallen by 16% compared with 2007, according to research from Key Retirement Solutions (KRS).
HSBC has been joined by four other UK banking giants today in rejecting any Government capital assistance, following this morning's £37bn bail-out package for Lloyds TSB, HBOS and RBS.
Skandia Investment Group (SIG) is poised to launch five US funds into the UK at a time of significant investment opportunities, according to the company.
US hedge fund manager Philip Falcone has built up a €208m short position in Britain's second largest retail bank Santander.
Vice president of the Personal Finance Society (PFS), Paul Lothian, has been elected as president after being voted in by the Board.
Nationwide Building Society will implement a new maximum LTV of 85% for mortgages sold through intermediaries.
Bupa has won the race to sponsor the Great Run series for another five years, making it one of the longest sporting sponsorships in the UK.