Standard Life has hit out at new power of attorney rules on the first anniversary of their introduction.

Fortis Bank has completed its purchase of the whole share capital of Artemis Asset Management.

Royal London has reported a first half loss after tax of £236m, blamed on the weakness of investment markets.

The Liberal Democrats have called on the Government to temporarily guarantee all British bank deposits.

Legal & General Investment Management has rung the changes on both its Japanese trust and the Pacific Growth trust.

A large case team set up for advisers arranging protection cover for high net worth (HNW) clients could halve the application time, LV= says.

HSBC has hired Standard Life to provide a Group SIPP for employees wanting to invest maturing HSBC Share Reward Plans into a pension.

Gordon Brown's pledge to raise the amount of savings protected in a banking failure to £50,000 may not be enough to restore confidence in Britain's banks, senior industry executives have warned the Government.

Former Sesame chief executive Patrick Gale has resigned from Just Retirement after just three months at the firm.

The obvious place to begin this blog is with the collapse of Lehman Brothers. Leaving aside the wider ramifications - I am not in a position to discuss those - the fall of Lehmans has done two things.