LV= says it welcomes further FSA moves to press providers into using realistic growth projections for retirement products.

Consumers are paying off personal debts despite the continuing recession, according to the ABI's latest Savings and Protection survey.

Advisers who fear they will "fall off a cliff" when their reliance on commissions ends post 2012 are missing the bigger picture, Bankall IFA Services managing director, David Golder, said today.

Ivan Martin, executive chairman of the newly-merged Sesame Bankhall distribution giant, has picked up the industry personality of the year gong at Scottish Widows' annual IFA awards.

Falling annuity sales contributed to Prudential's retail UK sales falling 22% in Q3 to £157m compared to the same period last year, but strong with-profits sales helped offset the decline.

Fears current professional qualifications will become redundant post-2012 and uncertainty about new qualifications remain widespread, according a debate chaired by The Personal Finance Society (PFS) today.

ING announces it will break up into separate companies, divorcing its banking and insurance businesses, according to the BBC.

More than 100 US bank have now failed this year after US federal regulators closed down a trio of small Florida banks, according to the BBC.

Paradigm Group has announced Fortis Life as its new strategic partner.

The British Standards Institute (BSI) will develop a standard for compliance by retail and wholesale financial firms in the UK.