Capital requirements for insurers should be made substantially stronger says the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS).
L&G has reported the percentage of UK sales via IFAs fell for the first nine months of the year compared to the same period last year.
No ‘one shot silver bullet' exists to solve banking's problems, FSA chairman Adair Turner said today.
Aegon has unveiled a fund selection and portfolio building service which will allow advisers to choose off-the-shelf investment solutions or a more flexible, bespoke approach depending on customers' needs.
Inheritance tax benefits enjoyed by married couples could soon be extended to co-habitués under proposals drawn up by the Law Commission.
UK state pension provision trails other G7 countries by as much as half, research from AXA suggests today.
The Investment Management Association (IMA) is calling for annual increases in the ISA limit at least in line with inflation.
Enforcement of the broadened definition of independent adviser status laid out in the RDR is likely to be "very difficult", says Tenet's distribution and development director Keith Richards.
The ABI is calling on the FSA to provide more clarity on how a 'simplified advice' process would work post RDR and in particular the level of qualifications needed for the distribution stream.
Skandia has appointed Andy Davies as director of adviser sales and Steve Powell as director of corporate partners.