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The Money Advice Service (MAS) has appointed former Life Trust Holdings CEO Andy Briscoe as its chairman.

Aegon UK has appointed ex-Skandia marketing director Nick Dixon as investment director.

Royal London has completed the acquisition of the Co-operative Banking group's life insurance and asset management businesses.

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FROM THE EDITOR

The ongoing lack of innovation demonstrated by structured product providers could lead to stagnating sales volumes within as little as a year.

Life insurer Zurich UK has paid out a total of £34.5m in critical illness claims in the first half of this year, totalling 94% of claims.

Some 14 payday lenders have confirmed they are planning to exit the market following a crack down on their practices by trading watchdogs.