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Service

Service

Standard Life CEO is 'very excited' about RDR

Standard Life CEO Paul Matthews said he is excited about the roll-out of the retail distribution review (RDR) next year, as he expects more advisers to use its fee-ready wrap and investment solutions.

clock 14 March 2012 •

Service

L&G profits rise as it hikes divi by a third

Legal & General (L&G) has reported an increase in operating profits for full-year 2011 after a marked rise in its investment management (LGIM) and international divisions.

clock 14 March 2012 •

Service

Axa enters IFA professional indemnity market

Aon Risk Solutions has signed a deal with AXA Commercial Lines to provide professional indemnity insurance (PII) for independent financial advisers in the UK.

clock 13 March 2012 •

Protection

Aviva UK profits rise as life and pension sales climb 10%

Operating profits at Aviva UK rose 8% to £1.45bn in 2011, thanks largely to a boost in new sales in its life and pensions division.

clock 08 March 2012 •

Service

Boris pleads with Pru after relocation threats

Mayor of London Boris Johnson has written to The Prudential in an attempt to convince the insurer not to relocate its headquarters to Hong Kong.

clock 06 March 2012 •

Economics / Markets

Weale voices concern over 'persistent' inflation - papers

Martin Weale voiced fears over "persistent" inflation yesterday in a hawkish speech underlining the growing splits at the Bank of England over the path of monetary policy.

clock 01 March 2012 •

Your profession

Private investigator sold tax data to insurers and brokers

A private investigator who allegedly fed information to the News of the World (NoW) has been jailed for separate charges of ‘blagging' sensitive information from government sources and selling it to insurers.

clock 28 February 2012 •

Investment

Pru may move headquarters out of UK over Solvency II rules

Prudential is considering moving its headquarters out of the UK, partly as a response to what it fears may be an "adverse outcome" on Solvency II.

clock 27 February 2012 •

Life Insurance

Life settlements fund generates £40m despite FSA 'toxic' label

Life settlements fund EEA has generated nearly £40m in revenues in the last two months, despite its suspension following "unprecedented" redemption requests.

clock 21 February 2012 •

Service

FSA fines adviser £335k for keeping insurance premium payments

A financial adviser has been fined £335,204 by the Financial Services Authority (FSA) after he deliberately retained insurance premium payments meant for the providers of the policies.

clock 17 February 2012 •
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