Ten key facts about the financial advice business
Trade body says levy threatens viability of the sector
Is this lowly figure the advice profit margin of the future?
LV= saw new life and pensions sales grow in the first half of 2009 despite falling savings and protection business.
Sesame made a £1m loss in the first half of 2009, while parent company Friends Provident increased its underlying profits by almost 200%.
Aviva has made a profit of over £700m in the first half of the year but has slashed its dividend to just 9p.
As many as 350 jobs could go as a result of AXA's strategic review of its UK life operations.
Legal & General made a loss of £720m in the first half of 2009, but makes no move to raise cash from investors.
Just Retirement saw record business levels in the second quarter of 2009, though it was not enough to prevent the group from posting a sales decline in the 2008/09 financial year.