Suspended traded life settlement fund EEA Life Settlements has reported a 10% drop in the net asset value (NAV) of the vehicle.

Fraudsters have targeted network Financial, misusing its brand name and Financial Conduct Authority (FCA) authorisation details.

Friends Life's UK business took a dip in the first half of the year as the company paid off a further £5m of a £6m fine levied against Sesame.

Financial advisers are doing pretty well post the implementation of the Retail Distribution Review (RDR), according to JP Morgan Asset Management's (JP AM) head of retail sales - but their key concern right now is fixed income markets.

Britain's housing market has finally "turned a corner", according to surveyors who report that rising prices and activity are no longer confined to the South East but are seen across the whole of the UK.

Pensioners take ‘the biggest gamble' of their lives when they buy an annuity to provide for their retirement.

Jones Hill managing director Brian Hill has said he is going directly authorised (DA) after years with networks because he wants ‘more freedom' and lower costs.

HM Revenue and Customs (HMRC) is launching a major new crackdown on tax avoidance targeting the advisers and promoters of avoidance schemes - and plans penalties of up to £1m.

True Potential Investments is to exclusively distribute Goldman Sachs' dynamic strategy funds, bringing them within the reach of UK retail investors for the first time.

Aegon's net income fell 2% in the first half of this year, as higher underlying earnings were offset by losses on hedges due to rising equity markets and volatility - and an £18m loss on the sale of Positive Soltuions.