Aviva has played down the potential impact on its bottom line of a regulatory probe into the closed life insurance policy market.
The Financial Conduct Authority (FCA) has clarified the scope of its investigation into how customers in 'closed' life company products are being treated, indicating it will not review sales practices or necessarily act on exit fees.
Invesco Perpetual has announced that Mark Barnett's Invesco Perpetual High Income fund will move out of the IMA Equity Income sector and into the IMA UK All Companies sector on 31 March.
Ed Dymott explains how the FCA's probe of the closed life market could help get the RDR back on track...
Shares in Resolution and peers tumbled today following reports the Financial Conduct Authority (FCA) is to probe 30 million legacy insurance policies.
The Financial Conduct Authority (FCA) is to investigate about 30 million insurance company policies over concerns that customers are subject to "unfair" conditions.
Why clients should consider residential property funds for their SIPP
Pension charges for workplace schemes will be subject to a 0.75% cap under government plans confirmed today.
People who have already taken their tax-free lump sum will be given more time to decide what they want to do with the rest after the government scrapped the rule forcing action to be taken within six months.
IFG Group, the parent company of James Hay Partnership and Saunderson House, has named John Cotter as its interim chief executive as its latest results show a dip in operating profits.