Aegon

New insurer City Connexions has now officially launched itself into the market with an MPPI product supported by former GE business Genworth Financial.

Scots-born fund manager Scott McKenzie is leaving Morley Fund Management to head up Martin Currie's £30 million UK equity income fund, reports this morning's Scotsman .

For a while, the financial services distribution battle seemed to be about product providers feverishly buying up intermediary firms.

Assureweb is now wholly-owned by a consortium of five product providers as Misys has sold Sesame's remaining 60% stake in the IFA portal to its existing shareholders.

Industry speculation suggests Assureweb is close to signing a new shareholder deal with a consortium of life insurance companies.

INTEREST RATES ARE unlikely to move up again despite rising inflation because the Bank of England has been taken by surprise by the pace of falling high street sales, reports The Times

Origen has done a deal with Resolution Life Group to provide its client base with financial advice and give Resolution a cut of the advice remuneration.

The Scottish Executive has unveiled a joint initiative between the government and industry to assess how to boost Scotland's position as a key financial services centre.

Implementation of an international ISO standard for financial planners is still on schedule to begin operating from the end of this year, say members of the UK working committee.

Representatives of the UK financial adviser industry are meeting with international colleagues in Berlin this week to agree terms for a globally-recognised financial adviser standard.