In a story published on 27 January regarding systems and controls for the SIPP industry, we incorrectly reported that Christine Hallett, CEO of Carey Pensions, thought Rowanmoor Pensions, MW Pensions and Freedom SIPP had poor systems and controls.

Friends Provident has increased some final bonus rates on its with-profits policies, and has removed MVRs on many of its products.

Three men have been arrested in connection with an FSA investigation into insider dealing.

Double-digit growth is expected for non-advised distribution channels during 2010 as providers try to boost new business, according to Ernst & Young (E&Y).

Lincoln Unit Trust Managers has been put up for sale by Sun Life Financial of Canada.

Skandia has launched a with-profits bond analysis tool to help advisers assess if the products are still suitable for clients.

Xafinity, which provides pension administration services including SIPPs, has been bought by a US private equity firm for an undisclosed sum.

The Platforum has joined forces with Capita to create an in-depth platform analysis tool for advisers.

Standard Life has maintained bonus rates and cut market value reductions (MVRs) for more than a million with-profits investors.

The UK economy has exited its longest recession since records began, with GDP growth of 0.1% in the final quarter of 2009.