Prudential has appointed the current executive director of insurance supervision at the Bank of England (BoE) to the newly created role of group regulatory director.
American International Group (AIG) has purchased Ageas UK's life and protection arm for £181m.
The Financial Conduct Authority (FCA) will restrict firms from distributing contingent convertible securities (CoCos) to the mass retail market from 1 October 2014, in the first use of new consumer protection powers.
Should we replace IMA sectors altogether?
Millions of pension savers will be prevented from taking cash freely from their retirement funds next April unless they pay hefty penalties that could slash their pots by more than 20%, according to reports.
The former boss of failed investment firm Keydata is suing the regulator for £371m, accusing it of a "politically motivated" abuse of power.
Self-invested personal pension (SIPP) providers "must feel very nervous" today, according to a law firm, after the Financial Ombudsman Service (FOS) made a "game changer" of a decision against Berkeley Burke SIPP Administration.
A former appointed representative of Financial Ltd, the network banned this week from recruiting new advisers in a landmark ruling, has spoken exclusively to Professional Adviser about what he found during his time at the firm...
Advisers tell PA what they would do if they held a regulatory wand for one day
A "relatively benign" rise in interest rates still has the potential to double the number of households facing debt problems, a think tank has said.