Advisers should tell clients to get their money out of the pound before the currency collapses, urges a former City broker.

Prudential's with-profits fund made pre-tax returns of 18.7% in 2009 and the insurer confirmed bonuses would be maintained.

The pound is on the brink of a collapse which will herald a downturn worse than 2008/9, warns George Soros' former business partner.

US and European markets tumbled this afternoon amid fresh concerns over the state of the US economy.

Aviva had more consumer complaints referred to the financial ombudsman (FOS) than any other insurer in the last six months of last year, figures show.

The FSA is warning of a "dramatic increase" in overseas fraudsters selling bogus shares using the names, registration details and addresses of FSA authorised firms and individuals.

IFA Brian Hill says fee-based protection advice, dubbed "unworkable" by some, can be a success, and argues advisers who say otherwise are not necessarily treating their customers fairly.

Andrew Swallow, an IFA with clients affected by the Keydata debacle, is calling on other advisers linked to its International Traded Life Policy fund to unite with him to force more information from the administrators.

Zurich is launching a guide on large case underwriting to help advisers manage "daunting" sums assured.

The traded life policy investments (TLPI) market has "significant problems" and is in no way a mainstream option for investors, the FSA's head of investments said today.