Protection

Resolution has confirmed it will make no more acquisitions and abandoned plans to split the Friends Life business after revealing a 58% fall in profits.

A boost in individual annuities and with-profits bonds sales helped Prudential UK maintain new business levels in the first half of this year, despite a significant decrease in corporate pensions volumes.

Intrinsic Financial has made two senior management appointments.

DOUBLING-UP

Combined second-quarter earnings across Aegon's distribution businesses - which include national IFAs Positive Solutions and Origen - were nil, the insurer has reported.

Insurer Aviva recorded a loss after tax of more than £680m in the first half of the year, after writing down some £870m of goodwill at its US business.

The Ministry of Justice (MoJ) is proposing to reduce the length of time it takes to process applications to register a lasting power of attorney (LPA).

Individuals who wrongly paid long-term care fees must reclaim them urgently, warns IFA firm Almary Green.

Insurer Legal & General (L&G) said it is ready to deliver a restricted advice solution for its distribution partners after announcing an increase in half-year profits.

A range of kitemarked simple products should be introduced to help restore consumer trust in the financial services industry, a Treasury-commissioned review has recommended.